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Marble Arch Oxford Street walkabout

Oxford Street Transformation

Find out about proposed plans to make Oxford Street a global destination for shopping, leisure and events.

Next steps

The legislation to establish the Oxford Street Development Corporation (OSDC) is currently before the UK Parliament.

The London Assembly has voted to support the Mayor to proceed to appoint Scott Parsons as Chair of the OSDC. Scott has led major London developments, serving as UK Chief Operating Officer of Unibail-Rodamco-Westfield (2019 to 2025), where he oversaw Westfield London and Stratford City through the pandemic. Previously, he spent 13 years at Landsec, managing a diverse London portfolio as Head of Property, including key sites along Oxford Street.

The Mayor has asked Transport for London (TfL) to develop proposals to pedestrianise Oxford Street, transforming it into a vibrant, green and world-class destination for Londoners and visitors alike. The consultation on these detailed highways and traffic design proposals will close on 16 January 2026.

Latest news

The newly formed Oxford Street Development Corporation (OSDC) will drive the regeneration of Oxford Street and unlock its true potential.

Marble Arch Oxford Street

Offering the Government’s support, the Deputy Prime Minister attended a launch event on Oxford Street, alongside the Mayor.

Sadiq Khan and Angela Rayner on the roof garden of John Lewis, Oxford Street

The Mayor’s landmark traffic-free "This is Oxford Street" event delivered a significant boost to the local economy. View the event report (PDF, 620 KB).

Visitors walking through the pedestrianised Oxford Street during the activation event

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