A huge retail development is to be at the heart of the transformation of London’s Victoria station.
The Victoria Transport Interchange will incorporate 390,000 sq ft (36,230 sq m) of retail space. Land Securities, which submitted a planning application this week, wants to pull in a mix of station-type retail plus fashion. The retail will mainly be over three levels on the lower ground, ground and first floors.
The proposals also include 1.5 million sq ft (139,350 sq m) of offices and 830,000 sq ft (77,110 sq m) of residential. The 2.9 million sq ft (269,410 sq m) site extends to Buckingham Palace Road in the west, Bressenden Place to the north and Victoria Station to the south. It incorporates land owned by Transport for London as part of the development agreement in negotiation between the parties.
“Victoria Station is a vital transport hub for London and the opportunity exists to address the capacity constraints of the transport network at the same time as reversing the deterioration in the environment surrounding the station,” said Mike Hussey, managing director of Land Securities’ London portfolio.
“Victoria Street will be the centre of a reinvigorated part of the West End, rather than a conduit to other areas.”
More than 115 million people pass through Victoria Station each year. The Victoria Transport Interchange proposals, master-planned by architect Kohn Pederson Fox Associates, will improve the District and Circle Line underground station, upgrade the pedestrian environment, widen the pavements and improve way-finding and facilities for cyclists.
Land Securities has worked with local residents and other stakeholders via a detailed consultation process for the past two years. A public exhibition will open next month.