Volterra supports Paddington Quarter plans

Paddington QuarterVolterra recently supported Great Western Developments Ltd.’s application to redevelop the former Royal Mail Sorting Office and Post Office next to Paddington Station. The proposed development, Paddington Quarter, includes office, retail and café/restaurant uses across two buildings – an eighteen storey building, Paddington Cube, and a smaller two story satellite building. The scheme also encompasses 1.35 acres of public realm improvements, which will significantly improve access to the station, as well as delivering a new Bakerloo line ticket hall.

In our economic report, submitted to Westminster City Council alongside a planning application on Monday, Volterra estimated that the scheme will support 3,475 jobs directly on site, making an annual contribution of £350m to London’s economic output.

Volterra consultant Alex O’Byrne says “Paddington Quarter will make a much needed contribution of office space to Westminster, delivering 6% of Westminster’s 20 year office floorspace target. Proposals near key transport nodes, coupled with significant public realm improvements, such as Paddington Quarter, should be encouraged to ensure Westminster’s future growth is not constrained.” Volterra partner Ellie Evans adds “This is exactly why Crossrail is being built – developments like Paddington Quarter will enable London to realise the benefits of this vital transport investment, and to maximise those benefits through complementary public realm improvements.”

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ALEX O’BYRNE

Associate

e: aobyrne@volterra.co.uk
t: +44 020 8878 6333

Alex O’Byrne, Associate at Volterra, is an experienced economic consultant specialising in economic, health and social impact, economic strategy, project appraisal and socio-economic planning matters.

Alex has led the socio-economic and health assessments of some of the most high profile developments across the UK, including Battersea Power Station, Olympia London, London Resort, MSG Sphere and Westfield. He has significant experience inputting to EIAs and s106 discussions as well as drafting economic statements, employment and skills strategies and affordable workspace strategies.

Alex is also experienced at economic appraisal for infrastructure. He was project manager of the economic appraisal for the City Centre to Mangere Light Rail in Auckland. He also led the economic and financial appraisals of the third tranche of the Transport Access Program for Transport for New South Wales, in which Alex developed and employed innovative methodological approaches to better capture benefits for individuals with reduced mobility.

He is interested in the limitations of current appraisal methodologies and ways of improving economic and health analysis to ensure it is accessible to as many people as possible. To this end, Alex recognises the importance of transparent and simple to understand analysis and ensuring all work is supported by a robust narrative.

Alex holds a BSc (Hons) in Economics from the University of Manchester and he was a member of the first cohort of the Mayor’s Infrastructure Young Professionals Panel.

ELLIE EVANS

Senior Partner

e: eevans@volterra.co.uk
t: +44 020 8878 6333

Ellie is a partner at Volterra, specialising in the economic impact of developments and proposals, and manages many of the company’s projects on economic impact, regeneration, transport and development.

With thirteen years experience at Volterra delivering high quality projects to clients across the public and private sector, Ellie has expertise in developing methods of estimating economic impact where complex issues exist with regards to deadweight, displacement and additionality.

Ellie has significant experience in estimating the economic impact across all types of property development including residential, leisure, office and mixed use schemes.

Project management of recent high profile schemes include the luxury hotel London Peninsula, Battersea Power Station and the Nova scheme at London Victoria. Ellie has also led studies across the country estimating the economic and regeneration impact of proposed transport investments, including studies on HS2 and Crossrail.

Ellie holds a degree in Mathematics and Economics from the University of Cambridge.