Property investment company CLS Holdings has revealed plans to redevelop the Vauxhall Cross area, and to build an elevated pedestrian walkway over the Vauxhall gyratory road system.
CLS Holdings proposes to redevelop of its 1.17ha site at Vauxhall Cross, adjacent to the Vauxhall train, Underground and bus stations, and close to the new US Embassy.
The proposed mixed use scheme is for approximately 111.5km². The scheme has been designed by leading architects Allies and Morrison and is proposed to include:-
- a major new public square (similar in size to Paternoster Square in Central London)
- over 18.5km² of offices
- a 300 bed hotel
- over 7.4km² of retail with restaurants and bars
- over 400 residential apartments in two towers of over 40 storeys
- a 6 screen cinema
- approximately 240 bed student housing
In addition, CLS is proposing an innovative solution to the issue of pedestrian movement around the busy Vauxhall gyratory road system.
The proposal, by incorporating a series of elegant contemporary aerial walkways to be known as “the Linear Walk”, will link the different sites and streets around Vauxhall Cross.
In order to facilitate the highest quality proposal for the site, CLS has launched an international design competition for the Linear Walk with a shortlist of specialist architects comprising Exploration Architecture (France), Heneghen Peng (Ireland), Knight Architects (UK), Marks Barfield (UK) and RFR (France).
CLS intends to submit a detailed planning application in late 2011. Subject to receipt of an acceptable planning consent, the scheme is intended to be developed for completion in 2016/2017, which is similar to the anticipated delivery of the new embassy.
The scheme is expected to have a development cost in the region of £250M.