Network Rail is overseeing a £3.8m makeover of railway arches on London’s Southbank which is expected to provide almost 40,000ft² of new office space for up to 14 different businesses.
Work on the first in Great Suffolk Street has recently been completed with arches in Chancel Street and Burrell Street also due for redevelopment. Network Rail says the work will bring a brighter and more people friendly feel to the area.
Mick Martin, Director of Commercial Property for Network Rail said: “The Southbank is undergoing a real renaissance and our investment will see us becoming part of it. The renovation will improve the look and feel of the arches and deliver a modern, buzzing office environment, fitting to the new Southbank. There is of course a double win with this investment – not only does the local area benefit from regeneration but the commercial return goes back into funding improvements to the railway.”
