British property giant Land Securities announced the submission on Friday of a new planning application for its Victoria Transport Interchange development. The detailed plans, submitted to Westminster City Council for consideration, seek permission for a mixed use development which will create a new quarter in area. The development, which forms part of Land Securities’ larger project for the area, will occupy a 2.5 hectare island site close to Victoria Station - London's busiest transport hub with 115 million passengers each year.
British property giant Land Securities announced the submission on Friday of a new planning application for its Victoria Transport Interchange development. The detailed plans, submitted to Westminster City Council for consideration, seek permission for a mixed use development which will create a new quarter in area. The development, which forms part of Land Securities’ larger project for the area, will occupy a 2.5 hectare island site close to Victoria Station - London's busiest transport hub with 115 million passengers each year.
The proposed development consists of 138,000 m2 of space across six buildings. Master planned by internationally renowned award-winning architects, Kohn Pederson Fox Associates (KPF), Benson & Forsyth and Lynch Architects, the scheme will include housing and office space as well as retail and leisure units.
Colette O’Shea, head of Development for Land Securities' London Portfolio, said: 'Our regeneration of Victoria began with Cardinal Place, which completed in 2006 and which has already drawn new companies including Microsoft, Wellington Financial, EDF and 3i to the area.'
Subject to planning consent, work on the scheme is due to start in 2010. The company said that additional planning applications for Victoria will be submitted over the coming weeks for Selborne House, Victoria Street and Wellington House, Buckingham Gate.
