The proposed development is part of TfL's submission for 600 new homes across London at three sites: Nine Elms, Northwood and Parsons Green, which are said to generate around £100m for reinvestment in running and modernising London’s transport network.
The proposed development at Northwood will deliver 127 homes, with 20 per cent marketed as affordable housing, as well as a new Tube station with step-free access and a new bus and train interchange.
It will also deliver a new public space and 300 parking spaces, as well as 1,300 sq metres of retail floor space.
TfL is exploring options to accommodate existing tenants in the development and is providing relocation options to assist them in continuous trade.
Graeme Craig, Director of Commercial Development at TfL, said: “We have submitted our planning application to transform our sites in Northwood following an extensive community engagement period.
“Our proposal will deliver over 120 homes, new retail units as well a new step-free Tube station and other transport improvements for the local community.”
“We're not in favour of it and we want the council to reject it for a number of reasons."
Jon Marx, Director of Northwood's Voice, has since reiterated his views towards the proposals.
He said: “We're not in favour of it and we want the council to reject it for a number of reasons.
“All of the tenants would be forced to move out if this development was to go ahead. There's 17 businesses and I believe 12 tenants in the flats above. The 17 businesses would all be knocked down in their proposals - they would all go.
Northwood's Voice successfully submitted a petition of over 3,000 signatures to Downing Street against the proposals, and will now lobby local politicians.
Mr Marx said: “We've met with our local MP, Nick Hurd. He listened very well and has been very helpful and we're meeting two local councillors in the next week and will explain the detail of our argument.
“In the next few weeks we're also meeting with local officials to discuss pollution. There's a high level of pollution today, never mind tomorrow if TfL have their way and build a lot more people and cars.”
Northwood's Voice are encouraging residents to write to Hillingdon Council if they object.
Mr Marx added: “Shop owners are having to face huge disruption to their lives and their families. We're trying to help them by providing some sort of channel or voice.”
The three developments are part of TfL’s plans to release land for the development of more than 10,000 new homes across the Capital over the next decade.
They are said to support the creation of more than 500 new jobs, further boosting the London and UK economy.
The sites will be developed through the property development partnerships announced by TfL in February this year. TfL is currently evaluating the bids of the potential partners, with the final partner to be announced in the coming months.
A site notice will be displayed until December 7 and Hillingdon Council will decide to recommend or decline the planning application by February 1, 2016.