Located close to the junction of Kingsland Road and Old Street, the units will be given new glass shop fronts to make them attractive to retailers and the ground floor of the adjacent building at 5 Kingsland Road will be incorporated into the arches behind it.
As part of the work, the stone work currently located under the windows at the front will be retained and relocated within the new buildings in order to reflect the units’ heritage.
TfL says office space on the first and second floor of 5 Kingsland Road will also be retained.
The project, which has been designed by Fletcher Priest Architects, is part of TfL’s work to maximise its commercial revenue by redeveloping underused landholdings.
The transport agency says it will “help create a new focal point for businesses in the area” and predicts nearby transport links will ensure the new unites are attractive to both independent retailers and small chains.
Graeme Craig, TfL Commercial Development Director, said: “Transforming the arches at Kingsland Road will bring a new lease of life to these vacant units, while maintaining the character of the area.
“They will provide a new location for business to thrive and are one of the many ways that we are raising vital revenue to reinvest in the transport network.”
Ed Williams, Partner at Fletcher Priest Architects, said: “Revealing the arches and engaging with the high street adds another enticing layer of diversity to the Old Shoreditch Station area and beyond.
“Fletcher Priest Architects are eager to see this project develop with the quality and attention to detail it deserves.”
