New retail approved at Waterloo
Published: 04 November, 2016
Consent for 135,000 sq ft of retail in extension to Waterloo Station
LCR, the Department for Transport and Network Rail have received consent for their plans to bring the former Eurostar terminal at Waterloo back into use after almost a decade. The plans will create 135,000 sq ft of space for an ambitious mix of independent, high street and food stores, spread across three floors, including a new mezzanine level. 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.
The retail offer at Waterloo Station is intended to match the quality of St Pancras International and Birmingham New Street, to provide modern retail facilities for commuters and the Southbank and Lambeth communities.
The restoration of the Waterloo International Terminal will benefit the local area by creating improved links to Leake Street and Lower Marsh where LCR and the Department for Transport already have a separate consent to bring old railway arches back into use.
Cushman & Wakefield and Union Street Partners are acting as joint leasing agents for LCR.