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Crossrail gets green light for Paddington station development

Crossrail has been given the green light for a major over-site development at Paddington station.

The 320,000 sq ft Grimshaw-designed development includes 15 storeys of office space and will be located at the junction of Bishop’s Bridge Road and the Grand Union Canal.

The scheme is the eighth Crossrail development to receive planning permission, after Westminster City Council gave the green light 18 months after planning consent was first sought. Its estimated gross development value in Q1 2017 is £220m.

Crossrail intends to appoint development partners at Paddington and the scheme has been designed to incorporate access to Crossrail, National Rail and the new London Underground Hammersmith & City line services.

Crossrail land and property director Ian Lindsay told Construction News last month that Crossrail could act as developer for some of the proposed schemes which do not have partners attached.

It is already working with Grosvenor Estate and Great Portland Estates on two projects at Bond Street, Derwent London at two of its three Tottenham Court Road sites, Cardinal Lysander at Farringdon and Aviva at one of its two Liverpool Street developments.

Mr Lindsay said the Paddington office development would be a major boost to regeneration of the area and help to improve it as a “major commercial location”.

“This development will be a huge boost to regeneration in the area and a further phase in the renaissance of Paddington as a major commercial location,” he said.

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