Designs of a masterplan that will transform London’s South Bank and redevelop the famous Shell Centre Tower has been unveiled.
Canary Wharf Group and Qatari Diar say they will revitalise the Waterloo area “with high quality architecture and much improved public spaces”.
Following 12 months of consultation, a planning application will be submitted to Lambeth council before Christmas. It is planned to complete in 2019.
There will be a mix of offices, homes and retail space, along with open and public areas. New pedestrian routes will connect nearby Waterloo Station with the South Bank of the River Thames.
A widened Chicheley Street will open up the approach to the London Eye, with a ‘city square’ at the heart of the scheme providing open space.
Proposals for the development incorporate an energy centre to reduce the carbon footprint of the site.
Sir George Iacobescu, chairman and chief executive at Canary Wharf Group, said: “Our vision is of a beautiful place to live and work in the cultural heart of the most exciting city in the world. Just as importantly, we look forward to working with the local authority and the community to ensure that local people get the best possible opportunities from this new development for many years to come.”
Qatari Diar Group Chief Executive Officer Eng. Mohammed bin Ali Al Hedfa, said: “Our aim is to enhance an area in need of a renaissance, with a new mixed use development of which London can be truly proud. We are confident that our proposed development will put a reinvigorated South Bank at its rightful place, at the Capital’s heart.”
Graham van’t Hoff, chairman, Shell UK, said: “We’re excited about our future here on the South Bank, and look forward to bringing our London-based staff back to one location once the application is approved and construction is complete.”
- The well-known Shell Centre Tower will remain the centrepiece of the new site, occupied by Shell which is taking a further 245,000 sq ft of space.
- The Tower will be complemented by eight new buildings, one of which will incorporate new offices and trading floors for Shell.
- Approximately 800,000 sq ft of office space (including the Shell Centre Tower), along with around 80,000 sq ft new retail units, restaurants and cafés, will be accompanied by approximately 800,000 sq ft of residential space incorporating up to 790 new homes, including affordable Housing.
- The development is planned for completion in 2019.