The construction and property development company Galliard have been appointed to construct a new residential and retail over-station development above the Tottenham Court Road Elizabeth Line Western (TCRW) entrance.
The TCRW development is worth more than £140M and was contracted to Galliard by Transport for London at a cost of £43M, for the construction contract alone, while the architectural masterplan was developed by HawkinsBrown and the interior design by Argent Design.
The development, that will be composed of two different buildings, will consist of 92 apartments and penthouses within its 74,675sq ft of accommodation space in addition to luxury retail space over an expanse of 9,939sq ft of ground floor space.
Of the two buildings which will make up the development, one will contain 69 apartments in a building that takes inspiration from the art-deco era whereas the other will contain 23 apartments in a building that takes its inspiration from Georgian architecture.
The Executive Chairman of Galliard Homes, Stephen Conway stated: “Built in 1927 Chiltern Court at Baker Street was London’s first integrated residential, retail and underground scheme.
“Almost 100 years later Galliard’s new integrated scheme at TCRW will offer discerning buyers a cutting edge Twenty-First Century version of the same concept with all the benefits that regeneration and Crossrail will bring.
“TCRW represents an exceptional and rare investment and lifestyle opportunity.”
The Chief Executive of Galliard Homes, Don O Sullivan added: “TCRW will provide world class apartments in an unrivalled location off Oxford Street in the heart of London’s West End.
“Galliard’s new apartment buildings are integrated with the Crossrail Interchange offering residents easy access to London Heathrow, Canary Wharf and locations such as Bond Street and Liverpool Street.
“The average apartment size is 811sq ft, providing homes ideal for either end use, pied-à-terre’s or rental investments.”
Construction of the developments will commence in 2020 and are not scheduled to reach full completion until the summer of 2022.
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