Work to begin on £55m Oxford Street residential development following acquisition

A housebuilder is set to start work on a multi-million pound construction project to create 92 new homes in Central London.

Galliard Homes will begin construction of the residential-led mixed-use scheme at TCRW SOHO in Oxford Street after acquiring the site from TfL.

The two year project will deliver 92 apartments across 74,675 sq ft, as well as 9,939 sq ft of ground floor retail space situated above the new western entrance to the Elizabeth line at Tottenham Court Road.

Designed by architectural practice Hawkins\Brown with specification and interior design by Argent Design, TCRW Soho will comprise two new buildings - one Art Deco in style providing 69 apartments and a 7,989 sq ft retail unit, and the other Georgian-inspired in style, providing 23 apartments and 1,950 sq ft of new retail accommodation and kiosks.

The development, which is scheduled for completion in Summer 2023, is already over 50 per cent forward-sold off plan.

Don O’ Sullivan, chief executive of Galliard Homes, commented: “As the leading independent builder of new homes for Londoners Galliard Homes is delighted to be working with Transport for London.

“TCRW Soho is an example of a best practice residential-led regeneration project located above this 21st Century, new entrance to a key central London transport interchange giving the homeowners doorstep access to the West End and Soho.”