Over-site development application submitted for Bond Street station western ticket hall at Davies Street

Crossrail and development partner Grosvenor have submitted a planning application to Westminster City Council for a major over-site development (OSD) at 65 Davies Street in Mayfair.

29th January 2013

Crossrail and development partner Grosvenor have submitted a planning application to Westminster City Council for a major over-site development (OSD) at 65 Davies Street in Mayfair.

The 65,000 sq ft (net) development will be located above the western ticket hall for Crossrail’s Bond Street station. The proposed scheme comprises six floors of office accommodation above the station, served by an entrance lobby on Davies Street.

The contemporary office scheme has been carefully designed by PLP Architecture to be sensitive to the traditional architecture of the neighbouring Mayfair buildings, incorporating high quality natural materials with a richly detailed facade. The design also incorporates a ventilation shaft that will be constructed as part of the works to build the Crossrail station western ticket hall.

Grosvenor will be responsible for delivering the OSD aspect of the scheme once Crossrail station and ticket hall construction works are completed in 2017.

Ian Morrison, London Estate Development Director, Grosvenor said: “65 Davies Street is part of a significant office pipeline for Grosvenor in Mayfair that reflects our commitment to the office sector in the area and the continued strength of the sector generally. We are working closely with Crossrail’s team and PLP Architecture to design a striking and contemporary new building that responds to customer needs, compliments and enhances the urban form of Mayfair and delivers excellent sustainability credentials.”

Ian Lindsay, Crossrail’s Land and Property Director said: “Crossrail will boost the West End’s position as a thriving cultural and retail destination and the new commercial space at Davies Street will further enhance the wider Oxford Street area. Sites above Crossrail stations, including Bond Street, are being developed with public spaces around stations improved to ensure we take full advantage of the huge redevelopment opportunities Crossrail is bringing to London.”  

Over 155,000 passengers use Bond Street Tube station daily and with the arrival of Crossrail services in 2018, passenger numbers are expected to increase to 225,000.

Crossrail will cut journey times from the West End to many destinations, in some cases reducing them by half. Passengers will be able to reach Heathrow in 26 minutes, Canary Wharf in 12 minutes and Paddington in just 2 minutes. The Crossrail service at Bond Street will be 24 trains per hour in each direction at peak

ENDS

For more information contact:
Naomi Curtis, Press Office
Grosvenor
020 7312 6479
naomi.curtis@grosvenor.com

Notes to Editors

The Davies Street over-site development was designed by architects PLP / Architecture.

Planning approval has already been granted for a 300,000 sq ft mixed use development above the Bond Street eastern ticket hall in Hanover Square.

Over-site developments are not covered by The Crossrail Act and are subject to the normal planning approval process.

Crossrail has entered into a number of Collaboration Agreements with existing landowners to deliver the over-site developments:
• Grosvenor (Bond Street West - 65 Davies Street)
• Great Portland Estates (Bond Street East – 18/19 Hanover Square)
• Derwent London (Tottenham Ct Rd East – Astoria Site/Goslett Yard)
• Cardinal Lysander Group (Farringdon West – Cardinal House)
• Aviva Investors (Liverpool Street West – 101 Moorgate)

Crossrail intends to procure development partners at other sites where collaboration agreements are not yet in place: Tottenham Court Road (West), Lindsey Street in Farringdon (East), Fisher Street, Limmo and Woolwich.

To-date, over-site development applications have been approved for Bond Street East (Hanover Square), 101 Moorgate and developments above Crossrail Tottenham Court Road station.

About Crossrail

The total funding envelope available to deliver Crossrail is £14.8bn. Crossrail will run 118 km from Maidenhead and Heathrow in the west, through new twin-bore 21 km tunnels under central London to Shenfield and Abbey Wood in the east. It will bring an additional 1.5 million people within 45 minutes commuting distance of London's key business districts.

When Crossrail opens it will increase London's rail-based transport network capacity by 10%, supporting regeneration across the capital, helping to secure London's position as a world leading financial centre, and cutting journey times across the city.

Crossrail is being delivered by Crossrail Limited (CRL). CRL is a wholly owned subsidiary of Transport for London. Crossrail is jointly sponsored by the Department for Transport and Transport for  London.

About Grosvenor

Grosvenor Britain & Ireland’s strategy emphasises the creation and management of successful places, with a particular focus on high-end residential and mixed-use. The core portfolio comprises 300 acres of Mayfair and Belgravia in London, which first came into the Grosvenor family in 1677. Ownership and active management of its London estate remains at the heart of Grosvenor Britain & Ireland’s strategy. Investment assets comprise the largest part of its portfolio. Grosvenor Britain & Ireland also undertakes development across London, and in selected city centres around the UK. As at 31 December 2011, Grosvenor Britain & Ireland had assets under management of £4.2bn.

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