The new Northern Line tube station will be at one end of the main street, called the Electic Boulevard, and the Power Station at the other.
Boris Johnson has recruited a US mayor to boost his campaign to close Heathrow and build a new airport in Kent, writes Simon Harris.
The cost to London council taxpayers of promoting the controversial "Boris Island" airport scheme is to almost double to £5m.
– Heathrow spokesperson
The Mayor of London is proposing to spend billions of pounds of public money to forcibly buy and then close Heathrow, immediately putting 112,000 people out of work. He would do this to build an expensive new hub airport at a further cost of £112bn to the taxpayer. The economic impacts of this at both a national and regional level would be devastating.
Mayor says he is "always optimistic" the airports' commission will eventually back an estuary airport. @itvlondon
Mayor says the estuary airport has not been ruled out after the idea "was plucked from the waste paper bin" @itvlondon
Boris Johnson says he will "fight on" even if the Airports Commission backs Heathrow expansion. @itvlondon
Mayor's aviation Daniel Moylan says moving Heathrow to the Thames estuary would take 10-12 years. @itvlondon
Mayor Boris Johnson has laid out his plans with Hillingdon Council leader Ray Puddifoot this morning.
Options for the new area include named like Heathrow City, Heathrow Park and Heathrow Gardens.
The Mayor's idea for Heathrow City would include 80,000 homes and create 90,000 jobs. The terminals would be shopping centres.
Hillingdon's options include a London City-type airport to the north west of Heathrow.
The Mayor's report on redeveloping the Heathrow site claims 90,000 new jobs could be created as well as homes for 190,000 people.