We recognise the historic features of our Grade I listed building, 55 Broadway, and we need to carefully ensure that any future use enhances its features.
Transport for London (TfL) has begun the process of tendering architects to assess the potential use of its historic London Underground Headquarters at 55 Broadway, once its staff relocate in 2015.
The building is no longer fit for purpose as an efficient office building so TfL has issued a tender inviting architects to submit proposals for converting the building into residential accommodation.
TfL looked at every potential option for the building with office, hotel and residential uses all being considered.
After detailed analysis the conclusion was that a residential led development would not only deliver the best value for fare and taxpayers, but it would also be the most suitable option for the Grade I listed building to maintain its internal and external heritage.
Mike Brown MVO, Managing Director, London Underground and London Rail at TfL, said: 'We recognise the historic features of our Grade I listed building, 55 Broadway, and we need to carefully ensure that any future use enhances its features.
'This tender is seeking architects who are used to working with heritage buildings to help us develop the plans. We are committed to securing a future for the building that ensures it remains a valued part of the fabric of London.
'We take our responsibilities for our heritage assets extremely seriously. We also have a responsibility to fare and taxpayers to make sure that any redevelopment of 55 Broadway is a commercial success, with all proceeds reinvested in London's transport network to deliver increased and improved services.'
In recognition of the significance of the building, TfL will be leading the planning application and the listed building approval process, rather than engaging with an external developer at this stage.
This will ensure that the proposed solution for the building is appropriate to its heritage and complementary to the transport needs at St James's Park Tube station. TfL expects to appoint the architects in October 2013.
Designed by Charles Holden and built between 1927 and 1929, 55 Broadway has been London Underground's iconic headquarters for over 80 years and is situated above St James's Park Tube station.
The building was listed Grade II in 1970 and upgraded to Grade I in 2011 by English Heritage on account of its outstanding national historic and architectural interest.