Highlights of the consultation report on the Oxford Street Transformation:
Oxford Street is set for major regeneration to restore its status as a global destination. In response to pandemic challenges and retail changes, the Mayor of #London plans to create a Mayoral Development Corporation (MDC) and pedestrianise the street. A consultation closed in May 2025 with over 6,000 responses—nearly 70% backed the MDC and two-thirds supported pedestrianisation.
The Mayor will notify the London Assembly of plans to designate a Mayoral Development Area, triggering a 21-day statutory review. Detailed design proposals will follow later this year.
The project aims to create a greener, safer, and more welcoming space for shopping, dining and events. With ambitions to rival Times Square and the Champs-Élysées, it is expected to attract international visitors, boost investment, and create thousands of jobs—revitalising London’s iconic high street for the future.
https://www.london.gov.uk/programmes-strategies/shaping-local-spaces/high-streets/oxford-street-transformation