"I am delighted to be moving forward with my bold vision to transform Oxford Street into a world-leading urban space for shopping, leisure and outdoor events. Following TfL's detailed consultation, I've today made the decision to move ahead with these exciting changes to the nation's high street."
"The area between Orchard Street, immediately to the west of Selfridges department store, and Great Portland Street, to the east of the Ikea furniture store, will be the first to be pedestrianised. However this will be done in blocks as traffic will continue to be able to cross Oxford Street on a north-south basis."
"The scheme is expected to cost at least 150m, though the mayor hopes it will be part-funded by private investors. He has allocated 18m from business rates for the coming year for his new Oxford Street development corporation quango, which will oversee the changes."
London Mayor Sadiq Khan approved plans to pedestrianize Oxford Street, making it traffic-free between Selfridges and Ikea. The scheme will be implemented in blocks, allowing north-south traffic crossing. Despite hundreds of consultation responses opposing the changes due to concerns about side road congestion and 15 bus route curtailments or diversions, the mayor proceeded without modifications. The pedestrianization includes a cyclist ban and aims to enhance Oxford Street's appeal to shoppers, visitors, and tourists. The project costs at least £150 million, with £18 million allocated from business rates for an oversight development corporation. Private investors are expected to contribute partial funding.
#oxford-street-pedestrianization #london-urban-planning #traffic-management #public-consultation #urban-development
Read at www.standard.co.uk
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