The Paddington Quarter project will be built on the site of the former Royal Mail Sorting Office with the aim of breathing new life into a run-down area, resulting in improvements at the historic Grade II listed train station, as well as the creation of public spaces.
But what exactly will the impact be for residents, commuters and businesses in the area?
We have digested some of the facts, claims and estimates behind the project to present the key numbers involved in the proposed development.
72 : The number of stories the planned for the ‘Skinny Shard’ building .
This was the nickname for the Paddington Place development which was revealed just before Christmas last year.
But opposition to the 254-metre tall building was fierce , and eventually the proposal was withdrawn and it was back to the drawing board for the developers.
350 : The amount of pounds in millions it is estimated will be pumped into the Paddington economy each year as a result of the Paddington Quarter development.
14 : The height in stories of the building, dubbed the Cube , designed to replace the much-lamented Skinny Shard design.
65 : The amount of pounds in millions Great Western Developments (GWD) and its development partner Sellar Paddington Limited (SPL) are planning to spend on redeveloping neighbouring Paddington Station as part of the regeneration of the area.
2 : SPL is proposing two new Paddington Station entrances and a ticket hall that would be four times the size of the current facility.
In addition, the number of entrance/exit gates would be more than doubled to 12.
4,500 : The number of new jobs the Paddington Quarter scheme is projected to create.
360,000 : The amount of office space in square feet which will be available in the Cube building.
775 : The amount of pounds in millions the Paddington Quarter proposal will cost.
1.35 : The amount in acres of newly created public realm to be created.
80,000 : Amount of retail and restaurant space being created, in square feet.
60 : The number of passengers in millions expected to be using Paddington Station per year in the next 15 years.
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