Property developer Sellar has published its plans for the development, which will see a £450m programme of significant infrastructure works to upgrade the station, funded by the private sector delivering an accompanying mixed use commercial development.
Alongside Sellar and Network Rail, the partnership also includes global rail operator MTR, with Transport for London as one of the key stakeholders in the project.
Architect firm Herzog & de Meuron will be designing the new site, which will include the Andaz London Liverpool Street hotel adjacent to the station as part of a new sustainably developed office, retail and leisure scheme with new public and green spaces.
“This project demonstrates the pivotal role the railway can play in unlocking sites which deliver growth,” said Robin Dobson, group property director at Network Rail. “We’re delivering it through a public and private partnership, which will provide long-lasting benefits for the local community and the region.”