London’s West End Set For £5 Billion Investment Over The Next Five Years

London’s West End International Centre is undergoing monumental transformation, and with the diversification and repurposing of the high street, its future looks bright.

Today, we have announced details of the collective £5 billion of capital investment and development in the West End. Whether it is new buildings, redevelopment or repurposing older buildings, this unprecedented level of investment highlights the confidence of both current and future occupiers and landowners in London’s West End. 

Click here to read our full press release and watch our latest video below. 

Commenting on the level of investment, Chief Executive Jace Tyrrell commented:

“London’s West End has long held a place as one of the globe’s leading commercial hubs, but this unprecedented level of billions in capital investment will cement our spot as the most iconic and diverse consumer district in the world.”

“Some of the work is already underway, but – as it stands – those that are placing their financial faith in the West End are working with one hand tied behind their back. With support from the Government, we need to make the West End as attractive as possible to both domestic and international visitors, showing them why London is the place to shop, dine, explore and experience over alternatives such as Paris or Milan. This means exploring a simplified visa process to entice overseas visitors back to British shores.”

Jace also joined Cllr Matthew Green, Cabinet Member for Business, Licensing & Planning at Westminster City Council on Mishcon de Raya’s PropertyShe podcast to discuss the future of the West End. Click here to listen.

At New West End Company we work closely with you, our members and partners, to promote the West End on the global stage, reaching target audiences, customers and investors across the world. To find out more about our inward investment programme, please contact Alice Murphy, Head of Property Partnerships on alice.murphy@newwestend.com.

Thu 30 September 2021