Investment Opportunities
Opportunity Areas
Area of Intensification
Central activity Zone
International or metropolitan
Major
District
Borough Boundary
Green Belt
Metropolitan open land / Other open spaces
Rail station
Railway track
Foreshore
Water
A vibrant, busy area, home to one of London’s oldest street markets. Over £1bn of investment over the next 15-20 years will deliver over 1,750 new homes across tenures; better routes around the area; green and open spaces; and business and enterprise premises.
Projects that improve health, wellbeing, and employment prospects for local people are already underway, and the programme has a key role to play in the council’s commitment to achieving net zero. There are a huge range of opportunities for genuinely inclusive and diverse organisations to work on this ambitious programme. The council has appointed Mount Anvil as our Joint Venture Partner to deliver the first phase.
Located in Knightsbridge and Belgravia, Ebury Bridge is one of Westminster City Council’s flagship regeneration projects and delivers on the authority’s commitment to increasing the availability of social housing.
Once complete, the Ebury Bridge scheme will deliver the highest number of new socially rented properties in the borough for 50 years and at a time of acute need for affordable housing in central London.
Westminster has increased the number of new socially rented properties at the scheme from 41 to 171, bringing the number of new or replacement council homes for social rent to 370. Following a resident ballot in 2023, where 91% of residents voted in favour of the scheme, the council has secured £41m in funding support from the Mayor of London.
Westminster City Council is committed to ensuring the long-term economic success of the West End, protecting its role in the national economy, and ensuring a continued world class offer and experience is delivered to all. A £90m scheme for Oxford Street is proposed and aims to ensure the street is a dynamic and sustainable environment for all shoppers, tourists, workers and residents and that it strengthens the global status of the street. The scheme will enhance the public realm with wider footways, improved seating, more trees and planting, attractive lighting, and clearer signage. Our partners in this massive effort, the New West End Company, forecasts that the scheme will bring an additional £2.8bn in sales in the five years following the scheme’s completion.
Centred on Regent Street, Haymarket and Piccadilly Circus, a once in a generation opportunity to deliver a ‘park-to-park’ public realm scheme is taking shape, with funding now approved for design stages. Financial contributions in excess of £1.7 million has been secured for the first phase of the Regent Street scheme, with a further £4m in capital funding. Financial contributions totalling £2.2million have also been secured to progress a second phase on for Haymarket and Piccadilly, alongside a further £4 million in capital funding.
Westminster City Council, in partnership with The Crown Estate, has developed a vision to reimagine the area and celebrate the connection between Regent’s Park and St. James’s Park, ensuring the area is accessible, inclusive and safe while ensuring that sustainability and greening is central to the public realm’s design.
Home to one-eighth of London’s jobs and over 53,000 businesses, Westminster’s economy is critical to the nation. Our heritage and culture, unmatched connectivity, and highly-skilled workforce provide a place of opportunity. With a unique position at the centre of the UK’s political, academic, and diplomatic life, Westminster’s influence is resoundingly international and multicultural. Yet its character is distinctly local. From the West End to Whitehall, Mayfair to Maida Vale, Paddington to Pimlico and Harrow Road to Harley Street, our neighbourhoods create a city like no other.
We are committed to creating a fairer Westminster where benefits from growth reach all our communities, publishing our framework for success in 2023: Our Plan for a Fairer Economy. We’re also accelerating the adoption of innovative solutions and new technology across council services to improve people’s lives, support businesses and address the climate emergency head on.
Population projections 2021 266,033
Population projections 2050 278,091
London plan new homes (ten-year target) 9,850
Building council homes for Londoners (four-year programme) Over 2000 homes by 2035
We are committed to creating a Fairer Westminster. One in which our residents are at the heart of our decision-making and help to determine the city’s future. By working with you, we can build a more inclusive city that celebrates our diverse communities, and where residents, workers and visitors from all backgrounds will feel welcome, safe and share in the city’s economic success. In 2023 we published Our Plan for a Fairer Economy, with 3 key objectives to promote:
Read more at: https://www.westminster.gov.uk/fairer-economy
"We are committed to ensuring that Westminster remains economically successful, with sustainable and inclusive growth that benefits residents and future generations. Our local neighbourhoods and high streets are at the heart of our plans to create a Fairer Economy - one with decent jobs for residents, encourages innovative high street uses, delivers greater social impact, and celebrates Westminster's culture and heritage."
Cllr Adam Hug, Leader of Westminster City Council
