£150m plan to modernise Oxford Street is unveiled
Council’s strategy lays out ‘ambitions’ that include ‘major improvements at Oxford Circus, Marble Arch and Cavendish Square’
09 November, 2018 — By Tom Foot
WESTMINSTER Council has unveiled its own “draft strategy” to modernise Oxford Street and the surrounding areas – using £150million of taxpayers’ cash.
The Conservative-run council backed out of joint plans with the Labour Mayor of London Sadiq Khan to pedestrianise the street fearing political damage in the local elections in May.
The latest strategy lays out a set of “ambitions” that include “major improvements at Oxford Circus, Marble Arch and Cavendish Square”.
It identifies nine zones “that reflect varying character from Marble Arch to Tottenham Court Road” and says £50million will be “set aside” each year for three years to fund the project.
The consultation is due to run until December 16 and more details are available on the council’s website.