Grosvenor is preparing plans for a major redevelopment of a significant site in southern Belgravia. The site surrounds Eccleston Place and includes a former Transport for London control centre and depot and several other semi-industrial premises.
Earlier this year Grosvenor invited the Urban Land Institute to help the property company consider the area’s potential. Members of the week-long advisory panel interviewed 80 local residents, businesses and other stakeholders.
The ULI work will feed into a public consultation called ‘Making Eccleston Place’ which asks local people to help create a vision for the area. The consultation starts in September with a series of pop-up events on the streets around Eccleston Place. This will be followed by focus groups and public exhibitions from October until the end of the year. In 2013 a ‘masterplan vision’ for Eccleston Place will be produced, drawing on the ULI’s findings, further research and responses from the consultation process.
The vision for the area is likely to comprise a wide mix of uses with the aim of making the area a leading, active city quarter. These could include housing and employment, green space, a hotel, retail and a community or cultural venue.
Giles Clarke, Executive Director -London estate, Grosvenor Britain & Ireland said: “We want to create a place that sets new standards in London for community and environmental sustainability. It is extremely rare for so much potential to exist in such a central location surrounded by the diversity and vibrancy of the neighbouring areas of Belgravia, Victoria and Pimlico.”
Joe Montgomery, Chief Executive at ULI Europe said “The area currently under-performs for locals and visitors alike. With good community engagement and vision, Eccleston Place could be transformed into a dynamic mixed use neighbourhood which both complements and benefits from the nearby developments at Victoria and Chelsea Barracks. Our panel has created a menu of suggestions and examples from around the world which we hope Grosvenor will find helpful”.
A planning application for the first phase of the project is targeted by the end of 2013. There may also be an opportunity to extend the project into a wider regeneration initiative with the support of neighbouring land owners and occupiers. The ULI panel suggested a relocation of the Victoria Coach Station is a possibility which should be explored as part of this.
The ULI’s panel recommendations have the following key themes:
Create a new neighbourhood with its own distinct identity
Incorporate a mix of uses in flexible buildings which can be changed to suit different uses over time
Additional retail to serve the new community and wider area
Improve permeability for the area and create new public spaces
Move the coach station to a more appropriate location
Build housing to cater for non-traditional households and young professionals
Cultural or community space.
The full Urban Land Institute report published today is available at
For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
020 7312 6479/6101
Notes to Editors
Grosvenor is a privately owned property group with offices in 18 of the world’s most dynamic cities. The Group operates and invests in three different business areas; direct proprietary investment in real estate through our Operating Companies in Britain & Ireland, the Americas and Asia Pacific; indirect proprietary investment in real estate managed by others, which is the responsibility of the holding company; and our international fund management Operating Company - Grosvenor Fund Management - which manages capital on behalf of investors. As at 31 December 2011, the Group had total assets under management of £12.5bn. Unusually for a private company, Grosvenor publishes a full Annual Report & Accounts, available at: www.grosvenor.com