TfL searches for partner to create new office developments

TfL searches for partner to create new office developments

TfL is aiming to deliver sustainable commercial office developments to positively impact the local community through this new joint venture partnership.


The three over-station commercial office developments in the partnership are:


  1. Bank Over-Station Development

Located above the new station entrance on Cannon Street, this eight-storey development, along with a basement, will include both office and retail space, external terraces on fifth, sixth and seventh floors and a green roof.


2. Paddington Triangle Over-Station Development


Located by Grand Union Canal and close to the new Elizabeth line station at Paddington, this 19-storey building will deliver new office and retail space. It will include a canal side reception and use a ground and air source heat pump system.


3. Southwark Over-Station Development


Located above Southwark Tube station on the Jubilee line, the 17-storey hybrid timber building is set to be one of the greenest and healthiest large-scale commercial buildings in the UK.


It will provide a mixture of commercial office space and retail space and has external terraces on most floors


All three sites have received planning permission, or resolution to grant planning consent and have the potential to target BREEAM Outstanding.



Collectively, the three sites will provide almost 900 cycle spaces, which combined with their close proximity to the public transport network, will encourage those who occupy the buildings in the future to travel sustainably.


‘Best in class commercial office workspaces’


Scott Anderson, head of property development at TfL, commented: “We are delighted to be going to the property industry with this exciting opportunity and are looking for a partner to create best in class commercial office workspaces that will positively transform the capital and support its green recovery.


“This new investment and development partnership will form part of our wider commercial development programme, which seeks to build the homes and commercial spaces the city needs, while also generating vital revenue that reduces TfL’s reliance on fares income.”


This commercial office development JV forms part of TfL’s wider commercial development programme, which will see thousands of high-quality new homes built on its land across the capital – delivering 50% affordable housing on average across its entire portfolio.


Read more here


Please rate


  Ctrl + Enter

Most Read

Plans revealed for Major £2bn Tidal Barrage

Plans revealed for Major £2bn Tidal Barrage

Plans have been revealed for a £2bn tidal barrage across The Wash, a bay in East Anglia between Lincolnshire and Norfolk, which will feature the world’s first tidal energy-powered deep sea container terminal, act as a flood defence and have rail and road elements.   The 17.7km

Balfour gets go-ahead for £200m A57 Link Roads

Balfour gets go-ahead for £200m A57 Link Roads

The Government has given the green light for a scheme to build two new link roads at Mottram Moor as part of plans to deliver Trans Pennine route upgrades between Manchester and the north of Sheffield.   Balfour Beatty, which secured the £108m contract to deliver the scheme two years

South Yorkshire’s tram system on track for £8.6m upgrade

South Yorkshire’s tram system on track for £8.6m upgrade

A £8.6 million funding package for South Yorkshire’s Supertram system has been given the green light by local leaders, to pay for urgent renewal work on the tracks and trams. A further £4.3 million has been approved to make the case to government for significant additional

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.