Farringdon Office Development Over Crossrail Station Approved
Planning permission for Farringdon office space over the Crossrail development has been granted, it has been reported.
Crossrail and development partner Cardinal Lysander won permission for the six storey office development, which include retail units at street level.
Ian Lindsay, Crossrail Land and Property Director said: "By 2018, Farringdon will be one of Britain's busiest rail stations, connecting Crossrail, Thameslink, and London Underground services. The developments will accelerate the area's regeneration, helping Farringdon re-emerge as a destination in its own right."
Charles Pinchbeck, of Jones Lang LaSalle, said: "The scheme prepared with Crossrail and other stakeholders is well-places to capture Farringdon's potential."
The developments are scheduled to begin during the latter stages of the Crossrail station constructions. Crossrail services are due to commence in 2018.
The 207,000 square foot development, located at the corner of Cowcross Street and Farringdon road, is one of two developments planned above the station. In June, Crossrail submitted plans for a significant new commercial development at Lindsey Street to sit above the new Crossrail station eastern ticket hall, opposite the historic Smithfield Market.
A total of 3 million square feet of development space is planned above Crossrail stations across the city, creating new business space and jobs and maximising space usage.