Crossrail has submitted plans for a six-storey office and retail development above the western entrance of Farringdon station.
The proposals, which have been submitted to the London Borough of Islington and the City of London Corporation in partnership with developer Cardinal Lysander, will be located at the corner of Cowcross Street and Farringdon Road.
The 207,000 sq ft development will comprise of high-quality office space, with retail units at street level.
Ian Lindsay, Crossrail land and property director, said: “By 2018, Farringdon will be one of Britain’s busiest rail stations, linking Crossrail, Thameslink and London Underground services.
“Our proposed developments will accelerate the area’s regeneration, helping Farringdon re-emerge as a destination in its own right.”
Farringdon Crossrail station will comprise of two platform tunnels – each the length of two football pitches – linking two new ticket halls.
When complete, more than 140 trains per hour will flow through the Farringdon interchange.
Charles Pinchbeck of Jones Lang LaSalle, development managers for Cardinal Lysander, said: “Cardinal Lysander firmly believes in the future of Farringdon as one of London’s premier business districts.
“The scheme prepared with Crossrail and other stakeholders is well placed to capture Farringdon’s potential.”
The private-sector funded over-site developments will commence during the latter stages of work to construct Farringdon Crossrail station.
Crossrail plans to commence services in 2018.
