Transport for London (TfL) in the UK has invited innovative ideas from business firms to renovate Down Street Tube station for commercial business, as part of its plans to generate £3.4bn in non-fare revenue.
Located in Mayfair, Down Street station was closed to the public in May 1932 due to low passenger numbers.
However, the station is still in regular use as part of the day-to-day operation of the Tube.
TfL will lease out around 400m² of the station to businesses in order to use the space for commercial purposes. TfL is planning to reinvest the generated revenue in the transport network.
TfL commercial development director Graeme Craig said: "The combination of space, history, and location, makes this a unique opportunity.
"We are looking for a partner with the imagination to see the potential here and the capability to deliver it.
"Adjoining parts of the station are still required for running the Tube, but we will work with interested parties to ensure the commercial and operational activities can happily coexist."
This disused station was opened on the Great Northern Piccadilly & Brompton Railway on 15 March 1907. The passenger flow in the station later decreased because of its close proximity to Hyde Park Corner and Green Park stations.
It also played a significant role in the World War II when it was used as the protected underground headquarters for the Winston Churchill’s railway executive committee and war cabinet while the cabinet war rooms were being prepared.
According to a recent commercial feasibility study, which was conducted by architects Carmody Groarke, the underground space could be used by retailers, bar and restaurant operators or gallery owners, Move Hut reported.
Image: The disused Down Street Tube station could be opened to the public again. Photo: courtesy of Mike Quinn via Wikipedia.