The section between the Selfridges and IKEA stores is now closed to buses, cars, taxis, cycles, scooters and pedicabs, the office of London Mayor Sadiq Khan announced today. The move, more than two decades in the making, is the first stage of a wider regeneration project aimed at restoring Oxford Street's status among top global shopping destinations such as New York's Times Square, Paris' Champs-Élysées and Barcelona's La Rambla.
"After so many false dawns, and now working with a government who share the scale of my ambition, I'm proud that we're finally unlocking a new era for the street," Khan said. "Revitalising Oxford Street will boost jobs and economic growth in the capital."
Oxford Street, connected to Bond Street and Regent Street and home to John Lewis, Marks & Spencer, Tiffany & Co and others, has struggled since the Covid pandemic, with the arrival of US candy stores putting off many shoppers, Khan said. The area had been neglected, he noted, with many flagship stores including House of Fraser and Topshop having shut in recent years. The street attracts around half a million visitors daily according to the mayor's office.
Minimal construction will take place during the run-up to Christmas, a busy shopping period. Plans for 2027 include more than 50 new trees, 100 new seats, two public squares, rest areas and better signage and lighting.
British housing, communities and local government minister Angela Rayner said: "This marks an exciting new chapter for Oxford Street, creating a greener, more vibrant place that will attract visitors and investment, support businesses and jobs, and drive growth in the heart of our capital."