Plans approved for high-quality office development at Bond Street station

Plans by Crossrail and development partner Grosvenor for a major office development at 65 Davies Street in Mayfair have moved ahead after the scheme was last night approved by Westminster City Council.

6th November 2013

Plans by Crossrail and development partner Grosvenor for a major office development at 65 Davies Street in Mayfair have moved ahead after the scheme was last night approved by Westminster City Council.

The 65,000 sq ft (net) development will be located above the western ticket hall for Crossrail’s new Bond Street station. The 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 neighbouring Mayfair buildings, incorporating high-quality natural materials into the detailed facade. The design incorporates a ventilation shaft that will be constructed as part of the works to build the Crossrail station’s western ticket hall.

Grosvenor will be responsible for delivering the scheme once the Crossrail station and ticket hall are completed in 2017. Crossrail will also deliver improvements to the surrounding public areas on Davies Street and Weighhouse Street.

Ian Morrison, London Estate Development Director, Grosvenor said: “Westminster City Council’s decision to award 65 Davies Street planning approval is a significant milestone for Grosvenor’s 160,000 square foot office development pipeline in North Mayfair and reflects our commitment to the continual evolution of the area, where both classic and contemporary buildings sit side by side. We’re working closely with Crossrail’s team and PLP Architecture to deliver a striking new building that complements and enhances the urban form of North Mayfair and responds to the demand for office space with excellent design and sustainability credentials in this part of the capital.”

Ian Lindsay, Crossrail’s Land and Property Director said: “Securing planning permission for this major new development is an important step towards boosting the West End’s position as a thriving business, cultural and retail destination. Sites above Crossrail stations, including Bond Street, are being developed alongside major improvements to the surrounding public space. This will ensure we maximise the huge redevelopment opportunities Crossrail is bringing to all those who work, live in or visit London.”

Over 155,000 passengers use Bond Street Tube station daily and passenger numbers are expected to increase to 225,000 when Crossrail services arrive in 2018. To accommodate the increase in passenger numbers Crossrail is constructing two new ticket halls – a western ticket hall at Davies Street and an eastern ticket hall on the corner of Hanover Square. Step-free access will be provided to Crossrail platforms and a step-free passenger link will connect the Crossrail platforms to the existing London Underground station.
 

Crossrail services 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 Bond Street / Davies Street scheme is one of a number of over-site developments Crossrail is delivering, as detailed in the Driving London Development brochure. A total of 3 million square feet of high-quality office, retail and residential space is planned above new Crossrail stations and sites, helping create business space, jobs and new homes for Londoners on top the world-class new transport links being delivering.

Planning permission has now been secured for over 1 million square feet of development space so far with schemes approved at sites including Bond Street East (Hanover Square), 101 Moorgate, a number of developments above Crossrail Tottenham Court Road station, and now the Bond Street West (Davies Street) scheme. Further over-site development schemes will go through the planning process later this year.
 

ENDS

For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
Grosvenor
020 7312 6479/6101
pressoffice@grosvenor.com

Notes to Editors

Grosvenor Britain & Ireland aims to create value through our skills in placemaking anddesign, repositioning locations in ways that change customer perceptions and deliver results for our stakeholders. 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 2012, Grosvenor Britain & Ireland had assets under management of £4.8bn.

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