The plans include eight new buildings on the site, with the existing 1950s 27-storey Shell Centre Tower remaining in place. The buildings will comprise 800,000 square feet of residential space to provide 790 new flats along with a total of 800,000 sq ft of office space and 80,000 sq ft of new retail units, restaurants and cafes.
New pedestrian routes will be created to connect nearby Waterloo Station with the South Bank. The proposals also include a widening of Chicheley Street to open up the approach to the London Eye and new open space in the form of a ‘city square’. There will also be an energy centre aimed at reducing the carbon footprint of the site.
CWG and Qatari have developed the plans jointly following a year-long consultation with more than 1,000 people. They unveiled their draft masterplan for the site in May.
“Our vision is of a beautiful place to live and work in the cultural heart of the most exciting city in the world," said CWG chief executive Sir George Iacobescu in a statement. "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.”
“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," said Qatari chief executive Mohammed bin Ali Al Hedfa. We are confident that our proposed development will put a reinvigorated South Bank at its rightful place, at the Capital’s heart.”
The plans will be submitted to Lambeth Council before Christmas, the developers said. The scheme is due for completion in 2019.
