Since 1998, the development work on the creation of Paddington Waterside has started and it is likely that the 13 projects connected with this development will be completed in 2018. The entire project covers an area of approximately 10,000,000 square feet of space which is roughly the size of Soho. The mixed-use development has the objective of creating London’s new premier residential, commercial, leisure, retail and health quarter. The coordination work for the regeneration of the Paddington Special Policy Area around Paddington Station in London is being done by the Paddington Waterside Partnership. The 13 individual projects will be carried out in the triangle of land between Praed Street, Westbourne Terrace and the A40 Westway, with special emphasis on Paddington Central and Paddington Basin. The magnitude of the project is being described as the “the largest central London redevelopment scheme since the Second World War”. If you are staying at a hotel close to Paddington, you can simply walk across to the scene of action and see the progress and magnitude of the project that is likely to be completed in another 4 years. The 13 individual projects are the following.
Paddington Central: The site for this project which is west of Bishop’s Bridge road was the location of Bishop’s Bridge Station but it was subsequently used as the railway’s goods shed until the 1980s after Paddington was built. This site is now being given a mixed-use development consisting of offices, flats, and retail units. The first phase of this project is Sheldon Square which has 630,000 sq. ft of built space around a glass amphitheatre. It has two office blocks, 219 flats and 95,000 sq. ft. of retail space. The second phase is the development of land along Kingdom Street consisting of an office building space of 260,000 sq. ft. of land which has been completed; another 235,000 sq. ft. of office space with 25,000 sq. ft. of residence accommodation and The Novotel London Paddington Hotel. The final two phases of this development will provide 140,000 sq. Ft. and 210,000 sq. ft. of office space respectively.
Stone Wharf: This project involves the development of the area around the canal north of the Westway up to Little Venice with floating galleries, cafes and restaurants, with encouragement from British Waterways.
55-65 North Wharf Road and Telstar: The two sites off Bishop’s Bridge Road on either side of the railway station are being developed with the construction of two buildings at 55-65 North Wharf Road, a 240,000 sq ft office block and a block of 100 flats east of the station. An eight-storey office block of 105,000 sq. ft. has already been built at 2, Eastbourne Terrace.
10-50 Eastbourne Terrace: Numbers 10, 20 and 30 Eastbourne Terrace have been refurbished and numbers 40 and 50, consisting of 146,000 sq. ft. of retail and office space, have been sold.
Triangle Site: To the west of Paddington Station the Crossrail Station has been built and the taxi rank was moved north of the station. A new entrance for the mainline station and a new ticket hall for the Hammersmith and City line were constructed next to the canal.
Paddington Station: Perhaps the most strategic and convenient station in central London, Paddington Station serves as a great connecting point to all places of London particularly Heathrow Airport, due to which guests at a hotel close to Paddington and residents of the area can easily reach Heathrow Airport in just 20 minutes. A £65m facelift of the mainline station that added 50,000 sq ft of retail and catering space has already been completed. The roof of Span 4 has been replaced in a £34m refurbishment. The station is now an important hub for the Crossrail service providing links to the mainline railway and the London Underground. The Crossrail station will be completed by 2015 and services will start in 2017.
Paddington Basin and Merchant Square: the development around Paddington Basin will create 2,000,000 sq ft (190,000 m2) of offices, homes, shops and leisure facilities and most of the land north of the canal basin is being developed under the banner of Merchant Square. Paddington Walk is a block of 232 flats that was completed in August 2005 and the Point and Waterside are office blocks. The original plan for the eastern end envisaged a commercial development focused around the Grand Union Basin and included the Winding building and the Grand Union building.
The plan for Merchant Square proposes 1,800,000 sq. ft of mixed-use space spanning 6 buildings, including 554 residential units and 58% commercial space. A large square by the canal is planned for Merchant Square, along with business and retail barges moored alongside.
North Wharf Gardens: The 1.5 hectare site sandwiched between the Westway and the canal basin was sold by the Westminster City Council to Amwaj Property Limited, of Bahrain, which is engaged in a residential-oriented mixed-use development, the first phase of which was scheduled for completion in 2015 at an estimated cost of £71 million.
Paddington Health Campus and St Mary’s Hospital
It was planned to replace three run-down hospitals – St Marys, the Royal Brompton and Harefield at an estimated cost of £41m but this scheme was abandoned due to escalation of cost. The only recent development work has been a £15m upgrade of the QEQM Wing.
Hilton London Paddington: The Great Western Royal Hotel on Praed Street was built as the station hotel in 1854 and it was given a £60m refurbishment in 2002 and rebranded as the Hilton London Paddington.
Sorting Office: A commercial development is envisaged for the site where The Royal mail sorting office in Praed Street was located and which was closed down. A new ticket hall for the Bakerloo line and better access to the mainline station is also being planned.
West End Quay: West End Quay comprises 468 flats and 29,000 sq ft (2,700 m2) of retail space.
Hilton London Metropole: It is the biggest convention hotel in Britain. It was originally built in 1968 and a convention centre was added in 1998-2000.
The above projects, when completed, will completely transform the face of Paddington.