Crossrail, a new railway network, will also include a major development at Paddington, London, according to Crossrail Ltd, the company developing the railway project.
The 320,000 sq ft development is located at the intersection of Bishop’s Bridge Road and the Grand Union Canal, and will include 15 storeys of office space, as well as retail outlets.
The building at Paddington will include entry to Crossrail, National Rail and Hammersmith & City line services.
Ian Lindsay, a director at Crossrail Land and Property, said, ‘This major new commercial development will play an important role in the continued transformation of Paddington. Crossrail is the first UK rail project to deliver an integrated package of new and improved rail infrastructure alongside high-quality over-site development and public realm improvements, which will boost urban regeneration.
This development will signal the completion of a further phase in the renaissance of Paddington as a major commercial location.’
The Crossrail railway link is currently being constructed beneath central London, and is expected to open in 2018, when it will operate up to 24 trains per hour between Paddington and Whitechapel during its peak hours of service.
Kay Buxton, the chief executive officer at Paddington Waterside Partnership, said, ‘Paddington is one of the fastest growing business and residential areas in the capital. Crossrail will deliver improved and direct transport connections with areas to the west and east of the capital as well as with London’s other major employment centres. This development not only enhances Paddington’s position as an important business location, it also delivers new connectivity within the Paddington area by providing improved pedestrian access to the Grand Union Canal through a spectacular waterside scheme.’