Conversion plans for old Eurostar terminal

Plans to convert the former Eurostar terminal at Waterloo Station in London into a three-level shopping complex have got the green light.

London & Continental Railways and Network Rail are planning to build over 12,000m² of retail space in levels below the former Waterloo international terminal station platforms.

The plan is to bring the station’s retail offering up to the standard set by Birmingham New Street and St Pancras International.

Plans also include dramatically improving the public realm fronting Cab Road and improved linkages to Leake Street and Lower Marsh, acting as a retail draw for the redevelopment of the nearby Shell Centre.

The two-year reconstruction plan is expected to cost around £60M, excluding shop fit-out.

The major retail plan forms part of the £800M remodelling of Waterloo, which includes bringing five former Eurostar platforms into use for regular commuter services by Network Rail.

Skanska is carrying out the major infrastructure works including lengthening existing local service platforms and reopening the former Eurostar platforms.