Plans submitted to transform London’s Cavendish Square
London’s Cavendish Square is set to be transformed into a subterranean mixed-use development through a £100 million investment.
Situated beneath Cavendish Square Gardens, the site is currently an underground car park but will be redeveloped to create a mix of retail, medical, wellness and leisure accommodation.
Plans submitted to Westminster City Council by Reef Group include the creation of 280,000 square feet of space across four storeys below ground level with a new entrance facing Oxford Street.
If the plans are approved, work is expected to start on site in late 2020 with completion in 2022.
Reef Group said its plans will complement Westminster City Council’s Oxford Street District proposals, which will see the above-ground park and surrounding public realm enhanced to improve pedestrian access into Cavendish Square.
Stewart Deering, joint chief executive of Reef Group, said: “Reef have worked closely with Westminster City Council in designing a unique and iconic destination for London. We will invest in excess of £100 million in developing a vibrant, sustainable and sensitively designed subterranean mixed use “place” that will combine retail, leisure, medical, health and wellbeing.”
