Queensway set for £3bn “once in a lifetime regeneration” including new entrance for Hyde Park
A transformation is set to take place in Queensway, London W2, as a £3bn vision for the future of the street was unveiled today.
The plans include Parisian-style street pavilions, significant greening, public realm improvements, a new retail strategy, a series of landmark developments and a new public entrance to Hyde Park.
The changes, to be delivered by the Queensway Joint Steering Committee in close consultation with Westminster City Council and TfL, will enable the creation of a new district for living, shopping, dining and leisure.
Located between Hyde Park and Notting Hill, the “major overhaul” will deliver a blueprint for the future of London’s high streets and be bookmarked by landmark property developments including The Whiteley, the grand reimagining of London’s first department store, and Park Modern, a premium development with residences overlooking Hyde Park.
A new icon for the area will be a series of Parisian-style pavilions, which aims to transform underutilised side streets from crammed parking spots to new retail and dining experiences.
The redevelopment plans mark the biggest investment Queensway has ever seen. Of the eight retail parades located on Queensway, five will be “comprehensively regenerated”, reinvigorating the retail tone of the street.
According to Knight Frank, of the 550 apartments currently in the Bayswater pipeline, 70 per cent are focussed on Queensway and will reposition the area as a “prime address” in line with the local neighbourhoods adjoining Hyde Park.
Alex Michelin of Finchatton, on behalf of the Queensway Joint Committee said: “We are delighted to present a comprehensive vision for the rejuvenation of this historic area of central London.
“This once in a lifetime regeneration of Queensway will deliver an entirely new experience for visitors and residents, including a regreening of the streetscape, wider pavements, significant traffic reduction, improved street lighting and world-class new homes, shops, restaurants and public spaces.
“Through this major investment programme, Queensway will be reborn as a thriving, modern and vibrant living and leisure district; the high street of the future and a vital London destination.”
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