Invest in Kingston

Investment opportunities

There are a number of major areas of investment opportunity across the borough for which we have adopted Supplementary Planning Documents (SPD) or Development Briefs in order to facilitate the coordinated delivery of these areas: 

The Council are seeking investment in a number of key sites and/or areas within the borough in order to deliver on the aspriations set out in key Council documents such as our Economic Growth and Development Strategy 2018-25. These are set out below. 

 

Kingston Station Quarter

Kingston Town Centre will see significant change over the next 20 years. As the 3rd largest town centre in London by turnover it will need to continually evolve and renew its offer and public realm to remain at the top.

There are a number of key sites within this area, and opportunities for place-making, particularly along the riverside and around and routes from the station and bus garage. With the potential of a Crossrail 2 station and a potential direct link to Heathrow airport, the importance of harnessing the potential of this opportunity will be even greater in the long-term. 

Our Go Cycle Programme is helping to transform the area around  Kingston Station by remodelling the road network, upgrading the public realm at this key gateway, creating a new green link from the west of the station towards Skerne Road and the river, and the installation of a 250 space cycle storage facility, along with improved crossing facilities. 

Overview: 
Size: approx 2.2 hectares 
Use: Various
Ownership: Public and private
Timescale: Yet to be determined
Investment value: Unquantified
Jobs created: Significant but as yet unspecified

 

Cocks Crescent 

Cocks Crescent is a major regeneration opportunity with the potential to transform New Malden District Centre. 

The site covers approximately 5.6 hectares, of which 4 hectares are owned by the Council. The Cocks Crescent Supplementary Planning Document (SPD) sets out a vision for comprehensive regeneration of the site, delivering maximum benefit for the community.

Overview: 
Size: 5.6 hectares
Use: Mixed Use (residential, community facilities, leisure, office, retail and health centre/library)
Ownership: Public and private (4 hectares owned by the council, 1.6 hectares privately owned)
Timescale: Yet to be determined
Investment value: Unquantified
Jobs created: Significant but as yet unspecified
 

Guildhall (One Public Estate)

Kingston Council has been awarded £210,000 to explore how the Council’s Guildhall headquarters can deliver new homes and jobs. 

The funding from the Cabinet Office and the Local Government Association, via One Public Estate funding is aimed at improving public services, stimulating economic growth and freeing up land for new homes. 


Overview: 
Size: 9,125 sqm (exclusive of the Police station and Court buildings)
Use: Mixed use. The Guildhall is Kingston Council’s headquarters and Kingston Hospital is an NHS Foundation Trust facility. 
Ownership: Both the council offices and the hospital are publicly owned
Timescale: Yet to be determined
Investment value: Unquantified
Jobs created: Significant but as yet unspecified
 

Ashdown Road

The redevelopment of this site will expand the retail and commercial core of Kingston Town Centre. The site affords easy access to the retail, cultural and leisure offer of this vibrant metropolitan area. It has excellent bus and rail links. 

Plans include a new pedestrianised street, refurbishment of the terrace on the site or replacing it with a new building that has commercial at ground level and residential above. Planning guidelines for the site are included in the Eden Quarter Development Brief SPD, adopted in March 2015. 

Overview: 
Size: 0.7 hectare
Use: Mixed use 
Ownership: Kingston Council and private 
Timescale: Yet to be determined
Investment value: Unquantified
Jobs created: Significant but as yet unspecified
 

Cattle Market & adjacent land 

Cattle Market and adjacent development land are located in Kingston Metropolitan Town Centre. 

Located in Kingston Town Centre, the Cattle Market and adjacent development land affords easy access to the retail, cultural and leisure offer of this vibrant metropolitan area. It has excellent bus and rail links.

The site currently encompasses a bus station, car park, leisure centre, Carnegie library, museum and green space. Planning guidelines for the site are included in the Eden Quarter Development Brief SPD, adopted in March 2015. 

Overview: 
Size: 1.9 hectares
Use: Mixed use
Ownership: Public (council owned)
Timescale: Yet to be determined
Investment value: Unquantified
Jobs created: Significant but as yet unspecified

 

Crossrail 2 Stations 

Under proposed plans, Kingston will benefit from Crossrail 2 services to all 10 of the borough’s stations, more than any other London Borough. 

Crossrail 2 presents a unique opportunity to develop  land  adjacent  to  and above stations and will lead to increased accessibility and faster commuting times into the centre of London. All 10 train stations will be upgraded to the Crossrail 2 network: 

  • Kingston
  • Norbiton 
  • New Malden 
  • Berrylands
  • Surbiton 
  • Malden Manor 
  • Worcester Park 
  • Tolworth 
  • Chessington North 
  • Chessington South 

Overview: 
Size: Unknown, the sites are not yet defined
Use: Mixed use
Ownership: Network Rail, Transport for London and private
Timescale: Unknown, dependant on the delivery of Crossrail 2 in the early 2030’s
Investment value: Significant but as yet unquantified
Jobs created: Significant across all development sites

 

Emerging Opportunity Areas 

Kingston will see significant growth over the next 15+ years. Large parts of the borough have been designated as an Opportunity Area in the Mayor of London’s emerging London Plan. Opportunity Areas are areas across London which are expected to see significant growth and change, often associated with major transport infrastructure upgrades.

For Kingston, roughly 9,000 additional homes and 5,000 jobs are expected to be delivered over the next 15+ years, linked to the investment in transport infrastructure through Crossrail 2.

Emerging Opportunity Areas within the borough are as follows: 

  • Kingston Town Centre
  • Norbiton, London Road and the Cambridge Road Estate 
  • New Malden 
  • Tolworth 

Overview: 
Size: Significant - see map
Use: Various
Ownership: Public and private
Timescale: 15+ years
Investment value: Significant but as yet unquantified
Jobs created: Significant across all development sites