• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

MayorWatch

London News and Comment

  • NEWS

TfL signs deal to build new retail and office complex above Farringdon station’s Crossrail platforms

August 13, 2018 by Martin Hoscik

Transport for London has signed a development agreement with HB Reavis which will see a 138,000 sq ft mixed use development built above the new Crossrail platforms at Farringdon station.

Situated above Cowcross Street and Farringdon Road, the scheme will include ground floor and basement retail spaces and seven storeys of “high-quality” office space.

Graeme Craig, TfL’s Director of Commercial Development, said “With the arrival of the Elizabeth line, Farringdon will become one of the best connected places in London.

“We are therefore delighted to have reached this agreement with HB Reavis at this superb location.

“As a key part of our huge development pipeline, the Elizabeth line schemes are directly opening up opportunities for new homes and jobs, and could raise £500 million to reinvest in London’s transport network.” 

Steven Skinner, Transactions Director of HB Reavis UK, said: “We are delighted to have secured the acquisition of this strategically important site.

“The addition of the Elizabeth line at Farringdon station, creating the only station where the Tube, Thameslink and Elizabeth lines intersect, secures Clerkenwell as a sub-market with huge relevance across the whole of central London and reaffirms our commitment to invest in locations with superb connectivity and unique character.

“As with all of our buildings, we have put design quality and the needs of occupiers first.

“The design changes proposed for the scheme result in a unique product offering for Clerkenwell with large floor plates, uncompromised office space combining seamlessly with a real focus on the wellbeing of its occupants through carefully designed large scale outdoor spaces, a re-thinking of the traditional office reception and provision of spaces for health and fitness.”

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to print (Opens in new window) Print
  • Click to email a link to a friend (Opens in new window) Email

Filed Under: News

RECENT UPDATES

Tube and rail users to benefit from Oyster weekly fares cap

Mayor and TfL call on ministers to help plug funding gap

Tube to get full mobile phone coverage from 2024

TfL says Direct Vision Standard is already making HGVs safer for London road users




POPULAR

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

Copyright © 2025 · Terms of Use · Privacy Policy