Oxford Street Development Corporation (OSDC)

The Oxford Street Development Corporation (OSDC) is a Mayoral Development Corporation, established by the Mayor of London in January 2026.

The area covered by the OSDC is limited to Oxford Street in the City of Westminster and its immediate surroundings, part of which are in the London Borough of Camden. This location is notable as a major retail destination, and key to the OSDC’s purpose is to implement the pedestrianisation of the street. More broadly, OSDC is also seeking to secure the long-term economic growth of the area.

This paper sets out background information about the OSDC, including its governance, funding and priorities.