THE property tycoon brothers behind London & Regional, Ian and Richard Livingstone, are this week submitting plans for the £600m redevelopment of Elizabeth House, next to London’s Waterloo station.
The scheme – a joint venture with Sir Stuart Lipton’s property firm Chelsfield – will see the 1960s office block on York Road knocked down and replaced with two tower blocks to provide a mix of offices, shops and apartments.
The proposals also include the creation of a 10,000 square foot public area in front of the Victory Arch entrance of London’s busiest station.
Ian Livingstone, chairman of London & Regional, said the scheme, designed by prize-winning architect Sir David Chipperfield, would give Waterloo “the shot in the arm” needed to create a new business district.
Plans will be submitted to Lambeth council.