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©Reform UK party leader Nigel Farage speaks during Britain’s Reform UK party’s national conference in Birmingham, Britain, September 20, 2024. REUTERS/Hollie Adams.
In September 2024, the Mayor of London, Sadiq Khan, announced plans to consult on the designation of a Mayoral Development Area (MDA) for Oxford Street, alongside the creation of a Mayoral Development Corporation (MDC) to help transform “the nation’s high street”.
The Oxford Street Development Corporation (OSDC) was formally established on 1 January 2026, with a clear remit to drive meaningful and coordinated change across the area. From April 2026, it is expected to assume full planning powers, including responsibility for a dedicated Planning Committee to determine planning applications within its boundary.
As the OSDC becomes fully operational, this page will be updated regularly as further details and decisions emerge, as we explore what this could mean for the future of Oxford Street.
If you’d like to discuss what this means for your project or explore how our team can support your work in Oxford Street Development Corporation, get in touch at osdc@conciliocomms.com
Updates
OSDC: Overview
A concise overview setting out what you need to know about the role, membership, governance and emerging priorities of the OSDC.
Inaugural OSDC Board Meeting – 7th January 2026
What Was Decided, What Comes Next: A summary of what was discussed Inaugural Board Meeting
OSDC Boundary and Phasing
Oxford Street / Marble Arch
Orchard Street to Marble Arch
Oxford Street West Great
Portland Street to Orchard Street
Portland Street to Orchard Street
Oxford Street East
Great Portland Street to Tottenham Court Road
Great Portland Street to Tottenham Court Road
Timeline
January
End Jan: Public Realm design principles agreed
16 Jan: Closure of consultation on traffic and highway changes
February
Design work commences on whole-street vision & Oxford Street West
March
Mayoral desicion post/consultation
Enabling works commence
April
1 April: MDC assumes planning powers from Westminster & Camden (for red line area)
May
7 May: Local elections
Design work complete for transitional scheme (Oxford Street West)
June
Summer
Highway closes to traffic (‘Day One’) – subject to consultation
Works begin on transitional scheme
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