Three over-station central London schemes planned by TfL

Transport for London (TfL)’s wholly-owned commercial property company, TTL Properties Ltd (TTLP), has announced it has selected Helical as its preferred investment partner for three over-station commercial developments.

The partnership will see the delivery of new high-quality and sustainable office space above or close to Bank, Paddington and Southwark stations. All three sites are said to have full planning permission to deliver commercial office developments that provide exceptional workplaces and positively impact the local community.

Bank Over-Station Development (pictured) – located above the new station entrance on Cannon Street, will be an eight-storey development, along with a basement. A start on site is envisaged for next year.

Paddington Over-Station Development, located by Grand Union Canal and close to the new Elizabeth line station at Paddington, will be a 19-storey building incorporating both commercial and retail space. A start on site date is anticipated for 2026.

Southwark Over-Station Development – located above Southwark Tube station on the Jubilee line, will be another 17-storey building which is set to start in 2025.

Scott Anderson, Head of Property Development at TTL Properties Ltd, said: “We’re delighted to have selected Helical as our preferred investment partner as we take forward our commercial office portfolio and create best in class commercial office workspaces that reflects our confidence in London and will positively impact the capital and its green recovery.

“This new joint venture complements our wider commercial development programme, which will see us deliver thousands of new and affordable homes in London, develop our estate to support small businesses and train the next generation entering the construction industry. This partnership will also help deliver operational benefits and generate vital additional revenue, which can be reinvested into the transport network and help fund a safe, green and reliable public transport network.”