Government-owned regeneration specialist LCR has appointed Savills as management advisors at Waterloo.London, the 135,000 sq ft progressive retail and leisure development it is creating in the heart of London’s South Bank.
Savills will provide support to centre manager Lynne Glover, advising on operational management issues across the site. Set within the RIBA Award-winning former Eurostar terminal at Waterloo station, Waterloo.London will feature forty new glass-fronted units over three floors and will include malls, a mezzanine and public spaces along a new pedestrianised street, the Waterloo Curve.
Lucy Robinson, Asset Management Director at LCR, said: “Waterloo.London is one of the most significant new retail schemes in the capital. Designed to capture the creative spirit and personality of Waterloo, it will feature an eclectic mix of food, drink, shopping and culture, creating a new benchmark for progressive retail destinations.
“We are pleased to be working with Savills in these early stages to help lay the groundwork for our opening in Spring 2021, creating a truly unique experience for Waterloo’s 100 million passengers and the 20 million tourists that visit the South Bank every year.”
At its centre will be Time Out Market London – Waterloo, a food and cultural market based on the editorial curation for which Time Out has become world-renowned. It will bring the city’s best chefs, drinks and cultural experiences under one roof, all in one unique space. Time Out Market London – Waterloo will occupy two floors at Waterloo.London and accommodate around 500 seats.
Helen Woolven, Director, Development Set Up at Savills, commented: “We are delighted to be part of the team delivering this exciting new chapter at Waterloo.London to create a retail destination within an exciting and evolving neighbourhood.”
LCR is a skilled commercial developer and the UK Government’s regeneration expert, with a 20-year track record of creating exciting new destinations for people to live, work and experience. Its previous schemes include the multi-billion-pound mixed-use developments at King’s Cross and Stratford City – two of London’s most successful regeneration stories.
Savills is a global real estate provider with a network of over 600 offices worldwide. Cushman & Wakefield and Union Street Partners are joint leasing agents for Waterloo.London. More information on the development can be found at www.waterloo.london
