King’s Cross is one of the largest and most exciting redevelopments in London. The 67-acre site has a rich history and a unique setting. What was an underused industrial wasteland is being transformed into a new part of the city with homes, shops, offices, galleries, bars, restaurants, schools, and even a university. It’s a whole new piece of London with a brand new postcode, N1C.
The location, the connections, the canal-side setting, the rich and varied heritage, an exciting cultural scene, a thriving business community, and a strong sense of local community. All these things come together at King’s Cross to make it unique, exciting and really quite special. Come and see for yourself.
King’s Cross in numbers
50 new buildings
1,900 new homes
20 new streets
10 new public parks and squares
26 acres of open space
30,000 people by 2016
The story so far
In Victorian times, King’s Cross was an important industrial heartland. But by the late 20th Century, the area known as the railway lands had become a series of disused buildings, railway sidings, warehouses and contaminated land.
Early plans for redevelopment fell through, but the 1996 decision to move the Channel Tunnel Rail Link from Waterloo to St Pancras became the catalyst for change. The landowners – London & Continental Railways Limited and Excel (now DHL) decided to develop the land.
In 2001, Argent was selected as the development partner. The project began with several years of intensive studies and consultation with the local community, government and other stakeholders. This work formed the basis for a vision for the development, from which the masterplan evolved.
The plan was prepared by Allies and Morrison and Porphyrios Associates and in 2006 outline planning permission was granted. The permission allows for c.50 new building, 20 new streets, 10 new major public spaces, the restoration and refurbishment of 20 historic buildings and structures and up to 2,000 homes.
In 2008, Argent, London & Continental Railways and DHL formed a joint partnership: Kings Cross Central Limited Partnership. The partnership was the single land owner at King’s Cross.
Early infrastructure works began in June 2007, with development starting in earnest in November 2008. Much of the early investment was focused in and around the Victorian buildings that once formed the Goods Yard.
In September 2011 the University of the Arts London moved to the Granary Complex and parts of the development opened to the public for the first time.
Since then, restaurants have opened, the Great Northern Hotel has been refurbished and re-opened and the first residents have moved in. Companies such as Google, Louis Vuitton, Universal Music and Havas are choosing to locate here.
In January 2015, the UK government and DHL announced the sale of their investment in the King’s Cross redevelopment to Australian Super, Australia’s biggest superannuation/pension funds run only to profit members. The Fund manages more than $AUD91 billion of members’ assets on behalf of more than two million members from across 210,000 businesses. King’s Cross is its first direct London investment and only its second in the UK.
The development at King’s Cross is now on the map and fast becoming one of the most attractive places to live, work and visit in London.
The Urban Land Institute case study
Urban Land Institute Case Studies showcase innovative approaches and best practices in urban development. This non-profit educational organisation recently published an in-depth case study on King’s Cross. You can read the ULI King’s Cross case study here.