Crossrail over-site development application for Farringdon station approved

By Peter MacLennan

Crossrail over-site development application for Farringdon station approved

Crossrail and development partner Cardinal Lysander have received planning approval from the London Borough of Islington for an over-site development above the western entrance of Farringdon Crossrail station.

The 207,000 sq ft development, located at the corner of Cowcross Street and Farringdon Road, will comprise sixstoreys of high-quality office space, with retail units at street level. The building has been carefully designed to integrate with Crossrail’s operating station and will also improve local views of St Paul’s Cathedral.

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, development managers for Cardinal Lysander said: “Cardinal Lysander firmly believes in the future of Farringdon as one of London's premier business districts. The scheme prepared with Crossrail and other stakeholders is well-placed to capture Farringdon's potential.”

Farringdon is at the heart of the Crossrail route and will be a key link in bringing passengers directly from within Greater London and beyond to the business hubs in the City and Canary Wharf. When complete, over 140 trains per hour will flow through the Farringdon interchange.

Farringdon Crossrail station will comprise two platform tunnels, each the length of two football pitches, linking two new ticket halls, and will be fully accessible from street to train.

The western ticket, hall shared with Thameslink services, will have an entrance on Cowcross Street, directly opposite Farringdon Tube station. The eastern ticket hall will have entrances at the Long Lane end of the station, on Lindsey Street and Hayne Street.  It will also link directly with the existing London Underground platforms at Barbican station.

The Cowcross Street scheme is one of two over-station developments planned in the Farringdon area. 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.

The over-site developments are scheduled to commence during the latter stages of work to construct Farringdon Crossrail station. Crossrail will commence services in 2018.

A total of 3 million square feet of development space is planned above Crossrail stations, helping create new business space, jobs and new homes for Londoners. The scale of Crossrail’s property plans are detailed in the Driving London Development brochure which also outlines the significant development and investment opportunities at London sites.

Across the Crossrail route, planning permission has now been secured for over 1 million square feet of development space so far.

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Ends

For further information contact the press office on 020 3229 9552 or email pressoffice@crossrail.co.uk

Notes to editors

Cardinal Lysander has the first option to develop the site above western ticket hall as it was the majority landowner before the site was purchased.

The development has been designed by John Robertson Architects (JRA).

Over-site developments are not covered by the Crossrail Act and are subject to the normal planning approval process.

Crossrail has entered into a number of Collaboration Agreements with existing landowners to deliver the over-site developments:

  • Grosvenor Estates (Bond Street West - 65 Davies Street)
  • Great Portland Estates (Bond Street East – 18/19 Hanover Square)
  • Derwent London (Tottenham Ct Rd East – Astoria Site/Goslett Yard)
  • Cardinal Lysander Group (Farringdon West – Cardinal House)
  • Aviva Investors (Liverpool Street West – 101 Moorgate)

Crossrail intends to procure development partners at other sites where collaboration agreements are not in place yet: Tottenham Court Road (West), Lindsey Street in Farringdon (East), Fisher Street, Limmo and Woolwich.

To-date, over-site development applications have been approved for Bond Street East (Hanover Square), 101 Moorgate and developments above the Crossrail Tottenham Court Road station.

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