Galliard Homes has finalised the purchase of TCRW SOHO from TfL, a £140m residential-led development on Oxford Street
Galliard will now commence the £55m two year construction project for the TCRW SOHO scheme which will provide 92 apartments and 9,939 sq ft of ground-floor retail space.
The development is 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 Oxford Street retail unit, and the other Georgian-inspired in style, providing 23 apartments and 1,950 sq ft of new retail accommodation and kiosks.
Savills helped negotiate the purchase agreement with Galliard Homes.
Galliard Construction is the principal contractor for TCRW Soho with Ramboll acting as consulting engineers.
‘Best practice residential-led regeneration’
Don O’ Sullivan, chief executive of Galliard Homes, said: “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.”
The scheme is scheduled for completion in Summer 2023.