London Waterloo

London Waterloo

Project Information

Status
Masterplanning 2025, Planning 2026/27
Borough
Lambeth
Estimated completion
Location
Lambeth
Delivered by
Network Rail Property and Places for People
GDV
c.£3bn
Asset class
Low Carbon Commercial, Leisure & Culture, Transport, Living

Investment proposition:

The London Waterloo Station vision sets out an aspiration for transforming the station and its surrounding area through providing a new workspace, retail, leisure and culture offer to deliver the widest employment opportunities for a revived South Bank neighbourhood.

Overview:

  • Up to 1.5m sq ft of commercial  
  • 400,000 sq ft of retail, leisure & culture
  • New retail and leisure destination for South Bank

Network Rail Property (NRP) with Places for London manage an extensive portfolio of retail and leisure destinations across their London stations. Delivering double digit retail sales growth, £1bn of sales per annum, alongside developing sustainable neighbourhoods with over 4,300 homes delivered last year. As the largest owner of brownfield lands across Great Britain, NRP is now unlocking a substantial pipeline of strategic projects, with over 40 partnerships across the country. 

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