// Sloane Street in London is going to see a £40 million investment
// Cadogan Estates in partnership with Kensington & Chelsea Council plans to “transform” the upmarket retail precinct
// The project is estimated to take 3 years, and will start this autumn
London’s famous Sloane Street precinct will undergo a £40 million revamp to boost its status as a luxury shopping destination.
Cadogan Estates, in partnership with Kensington & Chelsea Council, said it plans to “transform” Sloane Street and make it a luxury destination, connecting Knightsbridge and Sloane Square.
The project is estimated to take three years, and will start this autumn.
The investment means the surrounding areas of Knightsbridge and Chelsea are likely to become more appealing to shoppers, especially tourists.
The project’s architects John McAslan + Partners plan to create wider pavements in premium materials and general upgrades to the overall public areas.
They also said the aim of the transformation is to create an “elegant green boulevard” via small public gardens overseen by Chelsea Flower Show winner Andy Sturgeon.
It follows the most recent investment in Bond Street, which helped to boost its footfall, its ability to charge premium rents and to cater to the soon-to-be opened Crossrail train station nearby.