Waterloo Station expansion to include a new shopping destination
Planning consent has been granted for a large new shopping area within London’s Waterloo station.
The plans approved by Lambeth Council will create 135,000 square feet of space for a mix of independent, high street and food stores, spread across three floors, including a new mezzanine level. The new area will be housed within the former Eurostar terminal.
Several new western entrances will also be built to accommodate anticipated growth in passenger numbers on the routes serving Waterloo station in the next few decades.
London & Continental Railways and the Department for Transport and Network Rail said the retail offer at Waterloo Station is intended to match the quality of St Pancras International and Birmingham New Street. As well as providing modern retail facilities for commuters and the Southbank and Lambeth communities, the development is also set to create around 700 new jobs, as well as hundreds more throughout the construction period.
The project will benefit the local area by creating improved links to Leake Street and Lower Marsh. The new facilities will also complement local businesses and the wider regeneration of the Southbank and Leake Street, where LCR and the Department for Transport are bringing old railway arches back into use next to the ‘Banksy graffiti tunnel’.