Tue, 10th February 2009

£1bn Victoria Transport Interchange regeneration scheme gets go ahead

Land Securities is set to work with Transport for London to help upgrade Victoria Station.

Plans for a £1 billion retail and office development in central London have been given the go-ahead, in a scheme which could create 8,500 jobs, the city council has revealed. The Victoria Transport Interchange scheme, one of the largest planning applications received by Westminster City Council, has been granted permission to create more than 200 flats and offices and shops. Land Securities' revised plans include six buildings, the tallest of which is now just 87m - a third shorter in size from original plans submitted in December 2007. The buildings will provide space for 205 flats, 82,000m2 of offices, 13,000m2 of shops and a library.