The Portman Estate unveils plans for new Marylebone retail and leisure destination
The Portman Estate and Derwent London have unveiled plans for the launch of Loxton Walk, a new retail and leisure destination in the heart of Marylebone.
Launching in 2025, Loxton Walk is set to create 28,500 sq ft of new retail and leisure space across 17 units. These will be accessible via four avenues from George Street, Blandford Street, Gloucester Street, and Baker Street.
The project will feature a central courtyard designed to function as a lively new destination for residents, workers, and visitors to Marylebone.
Loxton Walk will feature a variety of spaces, from kiosk units to spaces designed to house flagship restaurants. Units will range in size from 300 sq ft to 5,800 sq ft, and can be combined by operators to create anchor stores.
The destination will also be supplemented by dedicated outdoor seating areas and new public realm.
Loxton Walk will look to complement The Portman Estate’s ongoing curation of Marylebone. With destinations such as Chiltern Street and Marble Arch, the area recently saw the landmark opening of Moco London, a new cultural destination for London and the third and largest Moco Museum location in Europe.
Loxton Walk is part of a wider mixed-use development by The Portman Estate and Derwent London. The commercial offering includes 206,000 sq ft of offices on Baker Street and a further 12,000 sq ft of workspace at 30 Gloucester Place.
Tom Knight, portfolio director at The Portman Estate, said: “The creation of Loxton Walk highlights our efforts and commitment to building a commercially successful neighbourhood in central London. Our latest retail and leisure offering delivered in partnership with Derwent London is an exciting addition to the Marylebone landscape, bringing a new public space and amenity to those who live, work and visit here.”
Philippa Abendanon, head of leasing at Derwent London, added: “At Derwent London, we have long recognised the importance of design in prime locations, with connectivity and world-class amenities. Loxton Walk stands as a vibrant destination at the heart of a thriving neighbourhood, offering high-quality facilities and sustainable outdoor areas for people to live, work, and explore.
“We are pleased to be partnering with The Portman Estate and Loxton Walk is the embodiment of our shared vision and ambition when it comes to creating exceptional places in London, a world leading city.”
Savills has been appointed to market Loxton Walk.