More than 30 unused railway arches in White City could be transformed into a diverse mix of commercial, leisure and retail space.
Transport for London’s plan for the arches, near Wood Lane Tube station, will also see new cycle parking and pedestrian passageways in an attempt to improve connectivity in the neighbourhood.
The 31 arches are located along the Hammersmith and City viaduct between the Wood Lane Tube station and the A3320 West Cross Route.
The arches are next to the major developments including the extension to Westfield London shopping centre and the construction of nearly 2,500 new homes, office spaces, restaurants, shops and leisure spaces.
Earlier this year TfL revealed plans to build homes , offices and retail space at its Parsons Green depot.
However, following opposition it agreed to ditch the proposals and reexamine at the site.
If granted planning permission, TfL will complete the project in two phases, coordinating with the construction timetables of the neighbouring developments.
The first phase would see TfL open the 19 arches closest to Wood Lane Tube station in early 2018, when the new John Lewis store at Westfield is set to open.
These will include 13 for retail and commercial uses, three as new pedestrian access routes and three for storage and cycle parking.
Phase two will see development of the 12 arches closest to the A3320 West Cross Route, in line with when the adjacent residential project are completed in the early 2020s.
These arches will include seven for shopping and workspace uses, four new pedestrian access routes and one for storage and cycle parking.
It is part of a current TfL drive to convert railway arches across the capital.
The venture has resulted in a furniture showroom in Hammersmith and a music studio in Stamford Brook.
Graeme Craig, TfL commercial development director, said: “Opening the arches at Wood Lane will truly transform the area - supporting ongoing regeneration with new locations for small and independent businesses and improving pedestrian connectivity.
"These are the first of a number of arches that we are looking to develop to help us raise vital revenue to reinvest in the transport network.”
Railway arches are typically from 500 sq ft in size and can be rented for short-term periods or three-year lets.
A six-year term will also be considered for office premises.
A total of 90% of TfL commercial arches are currently occupied, mostly for light industrial and storage uses.
TfL has been working with Fletcher Priest Architects on the concept designs which have been included in the planning application.
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