Decision

Summary of Decision

The Cabinet Member for Planning and Economic Development has approved:

1. The scope and proposals for Margaret Street, Cavendish Square and Henrietta Place, as part of the Marylebone/Fitzrovia Traffic Scheme, and the investment required to design and build the corresponding projects.
2. The capital expenditure of £917,945 to progress the items outlined in the report.

Reasons for Decision 

The projects proposed within the Marylebone/Fitzrovia Traffic Scheme area are being progressed as part of wider OSP initiatives and support the Oxford Street design. The interventions aim to simplify the road network by converting several streets to two-way streets, thereby creating calmer and safer environment. These projects offer an opportunity to rebalance road space and traffic signal timings to enhance the pedestrian experience while maintaining appropriate traffic capacity and discouraging high speeds.

Expenditure is required to progress the design, including Stage 1 (feasibility) and Stage 2 (initial) design for the Margaret Street, Cavendish Square and Henrietta Place projects.