Shopping bonanza for Waterloo agreed

A London retail and leisure destination is set to be created at Waterloo station.

In November, Lambeth Council approved plans by London and Continental Railways (LCR), backed by the Department for Transport (DfT) and Network Rail, to bring the former Eurostar terminal back into use as a shopping and eating attraction after almost a decade standing derelict.

The redevelopment will create 12,540sq m of independent, high street and food stores, across three floors, and a mezzanine level. Several western entrances will also be built to accommodate anticipated growth in passenger numbers on the routes serving the station in the next few decades. The space is under the existing five former Eurostar platforms - 20 to 24, which are being worked on to bring into full use for commuter trains.

Around 100 million passengers a year pass through the main railway station.

LCR, DfT and Network Rail intend the retail offer at Waterloo station to match the quality of St Pancras International and Birmingham New Street stations, in providing modern retail facilities for commuters and the South Bank and Lambeth communities.

The development is also set to create up to 700 new jobs when it is completed and will provide links to Leake Street and Lower Marsh.