Waterloo to Become Cultural and Commercial Hub
Huge investment is hoped to transform the area around Waterloo Station into over 920,000 sq.ft. of state of the art London office space for thousands of local business people.
The London Borough of Lambeth is set to review plans this week which could see Stirling Prize winning architect, Sir David Chipperfield, produce a single all-encompassing international business hub in Waterloo.
The plans revolve around the cultural masterpiece that could be Victory Arch Square, which will comprise a 107,000 sq.ft. glass-fronted gallery located in front of Waterloo International offering lounge-style seating, refreshment kiosks, art exhibitions and Wi-Fi to weary commuters.
Alongside plans for this central feature are two business-focussed centres, the ΓÇÿNorthΓÇÖ and ΓÇÿSouthΓÇÖ buildings, which will replace Elizabeth House on York Road. The ΓÇÿNorthΓÇÖ centre is set to rise 29 storeys above the city ΓÇô the first 12 of these floors will provide office space, while those above will be residential.
The nearby ΓÇÿSouthΓÇÖ centre will be just 10 storeys, but will be exclusively designated for office space with retail outlets on the ground floor.
If approved this scheme could see millions of square feet of new commercial and residential development transform the area around Waterloo into an international business centre with access to a wealth of local transport links across London.
ΓÇ£Elizabeth House is located in the geographical centre of London and the design by David Chipperfield reflects the opportunity of producing a building that would make a difference for Waterloo,ΓÇ¥ says Sir Stuart Lipton of Chelsfield, who share ownership of the site with London & Regional Properties.
ΓÇ£The regeneration of the site will be a pivotal moment in a pivotal location for rail users, for the arts world, for the local community and for Londoners ΓÇô the plans will significantly improve the experience for the tens of millions of people who pass through the site each year.ΓÇ¥
Elsewhere on the Blog…