The eight-storey asymmetric development, designed by architect HOK, is on Fisher Street. It houses 22 apartments over a total area of 30,000 square feet.
The top two floors feature duplex apartments with private roof terraces. The lower two floors also provide duplex apartments with an external roof garden.
It will sit above the Fisher Street shaft – a single-storey structure that provides access and ventilation to the Crossrail tunnels below ground.
Crossrail will seek a development partner for the site in the first half of 2014 and construction is expected to begin in 2017.
Crossrail land and property director Ian Lindsay said: “Building above the Fisher Street site is part of our strategy to regenerate areas all along the line and capture the value presented by the creation of Crossrail. It should be an attractive site for developers and ultimately a very attractive place to live in the middle of one of the world’s greatest cities.”
Planning permission has been secured for more than a million square feet of development space so far, with schemes approved at sites including Bond Street West (Davies Street), 101 Moorgate and a number of developments above Crossrail Tottenham Court Road station.
Crossrail has entered into several collaboration agreements with existing landowners to deliver the over-site developments:
- Grosvenor (Bond Street West - 65 Davies Street)
- Great Portland Estates (Bond Street East – 18/19 Hanover Square)
- Derwent London (Tottenham Ct Rd East – Astoria Site/Goslett Yard)
- Cardinal Lysander Group (Farringdon West – Cardinal House)
- Aviva Investors (Liverpool Street West – 101 Moorgate)
Collaboration agreements are not yet in place for Tottenham Court Road (West), Lindsey Street in Farringdon (East), Woolwich and Limmo.