Sellar, on behalf of Great Western Developments Ltd., has today released new imagery of Paddington Square, the centrepiece development to Paddington’s regeneration, featuring at its heart a large-scale premium workspace offer designed by world-renowned architect Renzo Piano Building Workshop.
From the team behind The Shard, Paddington Square will completely reimagine the approach to Paddington Station, including a new concourse for the London Underground Bakerloo Line, allowing for the area to once again become one of the grand entrances to London.
The mixed-use scheme will offer 360,000sqft of office space across 14 light-filled floors, four tiers of curated retail, 1.35 acres of comprehensive public realm improvements and one of West London’s highest rooftop dining experiences with views across the city’s skyline.
Paddington is one of London’s best connected locations, whether travelling from within London or from overseas. Currently, it sits 8 minutes from the West End and 15 minutes from Heathrow Airport by public transport, with the Elizabeth Line set to bring these times down even further when it opens in 2021.
The 78,000 sqft of new retail space will be tailored to cater to over 110m annual visitors, a 30% rise on current figures by 2021. The rooftop bar and restaurant has a south facing terrace, and with a 15,000 sqft floorplate is one of the premier opportunities for operators currently being developed in London. The scheme will also bring about the pedestrianisation of London Street, enabling a direct pedestrian link between the mainline station and Paddington Square, which, together with the new Bakerloo line entrances, will eradicate the rush hour traffic that has beset the area for years.
It is estimated Paddington’s local economy will benefit by as much as £350m a year following completion of Paddington Square, while the development will bring approximately 4,500 new jobs to the area.
James Sellar, CEO of Sellar, said: “Paddington Square is the centrepiece of the transformation of Paddington. It marks a step-change, creating a truly open space for the public, providing superior retail and dining, and offering workspace of real scale and quality within an outstanding Renzo Piano Building Workshop design.”
Agents for the offices at Paddington Square are JLL and Knight Frank while CWM and Knight Frank are the retail letting agents. Paddington Square is set to be completed in spring 2022.