More than a dozen railway arches in the Bankside area are getting a £3.8 million makeover by Network Rail which will provide around 40,000 sq ft of new office space.
Network Rail claims that the new offices will bring a "brighter and more people-friendly feel to the area" in keeping with other recent railway arch refurbishments in Wootton Street, Joan Street and Scoresby Street.
Once completed the arches – with new mezzanine floors – will be able to accommodate up to 14 different businesses.
The first unit in Great Suffolk Street is currently being completed and the aim is to finish all the arches over the next 12 to 18 months.
"The south bank is undergoing a real renaissance and our investment will see us becoming part of it," says Network Rail's Mick Martin. "The renovation will improve the look and feel of the arches and deliver a modern, buzzing office environment, fitting to the new south bank.
"There is of course a double win with this investment – not only does the local area benefit from regeneration but the commercial return goes back into funding improvements to the railway."
For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.
7,000+ locals read it every week. Can you afford to miss out?
Read the latest issue before signing up