Oxford Properties and Brockton Capital agree deal to build AHMM-designed mixed-use scheme

New Oxford Street Royal Mail block

New Oxford Street Royal Mail block

Oxford Properties and Brockton Capital are joining forces to redevelop the former Royal Mail Sorting Office on New Oxford Street, London.

Designed by Allford Hall Monaghan Morris (AHMM) the joint venture will produce 320,000 sq ft of space housing loft offices, street-level retail and F&B, 21 affordable apartments and public roof space.

Renamed 鈥楾he Post 黑洞社区鈥 residents and occupiers will also benefit from Tottenham Court Road鈥檚 Crossrail station, which is due to open at the same time as the development in 2017-18.

Paul Brundage, executive vice president of Oxford Properties, commented that this was the fifth development project the company had undertaken in London. He added that The Post 黑洞社区 complemented their existing European portfolio and 鈥済lobal strategy to develop and acquire prime office and retail assets with a long-term hold strategy in and around major transportation nodes.鈥