Waterloo Station regeneration comes from new partnership agreement
Network Rail, Places for London and Lambeth Council have signed a new partnership agreement which pushes regeneration plans for Waterloo Station and South Bank.
The long-term redevelopment vision aims to transform the station and improve the wider area’s public spaces, access and investment appeal while backing Lambeth’s drive for more homes and business space.
Designed by Architect Grimshaw, the project plans to open boarded-up railway arches, a new southern station concourse and a large mansard rooftop extension along the entrance.
Robin Dobson, group property director at Network Rail comments:
“The joint plan would unlock huge growth and investment opportunities across Waterloo and the South Bank.”
The project is predicted to take 10 to 15 years, and aims to use private sector partnerships and commercial developments to minimise public expenditure.