Plans are underway for a major transformation of the neglected South Molton Triangle in London’s West End, with real estate company Grosvenor leading the charge. The company has officially submitted a planning application to revitalize this historic yet overlooked area, which is bounded by South Molton Street and Davies Street, just opposite the upcoming Elizabeth Line Bond Street West station.
Grosvenor’s ambitious project aims to revamp the 2-acre space, currently characterized by narrow streets and rundown structures. The proposed redevelopment includes the construction of a 31-bed hotel, enhanced pedestrian walkways, 204,000 sq ft of office space, new residential units, and 67,500 sq ft of retail, dining, and café establishments. It is anticipated that once finished, this revitalization effort will create more than 700 job opportunities and bring in approximately £6 million in annual revenue.
According to Thomasin Renshaw, Grosvenor Britain & Ireland’s development director, this project underscores the company’s unwavering commitment to the future of the West End and the Oxford Street district. Emphasizing a pedestrian-friendly design ethos, the redevelopment plans also prioritize the preservation of Mayfair’s unique historical allure.
The submission of the planning application couldn’t come at a more critical juncture for retailers in Central London, who are contending with dwindling foot traffic due to declining tourist numbers and office shutdowns. In line with Grosvenor’s dedication to sustainability, the Triangle redevelopment initiative incorporates eco-friendly elements, with new structures designed to emit 35% less carbon than current UK standards.
All in all, Grosvenor’s vision for the South Molton Triangle represents a significant investment in the future of London’s West End, serving as a catalyst for job creation, increased vibrancy, and economic growth in the region.
For more information on Grosvenor and their redevelopment projects, visit their official website here. Additionally, to stay updated on the latest developments in London’s West End, check out the official website of West End Theatre here.
