Mayor Sadiq Khan has launched a public consultation on what is billed as the ‘biggest transformation of Oxford Street in history’.
Londoners will be asked to give their views on pedestrianisation and on a proposal to create a Mayoral Development Corporation, which would have the powers to support regeneration.
The iconic street has been hit hard in recent years by the pandemic, the growth of online shopping and out-of-town shopping centres.
The mayor said the proposals would ‘unlock the true potential of Oxford Street and deliver a world-class, accessible, clean, avenue.’
Cllr Richard Olszewski, leader of Camden Council, commented: ‘The London-wide and national economic benefits of such a scheme are there to be seen for residents and visitors alike, as are wider benefits for air quality and health and wellbeing.’ He added: ‘This is a significant development for central London and a new use of powers.’
