About Merchant Square

Merchant Square is a mixed-use estate in London’s West End. Once an industrial area with poor public access, the Merchant Square development has transformed this part of Paddington Basin.

Today, the 11-acre site is safe, attractive and accessible with new public spaces, homes and workspace as well as restaurants, bars and shops.

Merchant Square is managed by European Land. The property group is based at Merchant Square and is currently delivering the next phase of the development. Merchant Square is part of the wider redevelopment of Paddington.

As road freight took over in the post-war period, the canals fell out of favour and these once vibrant London “streets” became synonymous with abandoned warehouses, waste ground and empty goods yards. At the same time, the area’s economic base went into decline.

Paddington Basin was inaccessible to the public and formed a barrier between local communities. The environment was blighted with litter and waste.

Merchant Square is now a buzzing new neighbourhood with homes and workspace for more than 10,000 people, bars, restaurants and cafes. The redevelopment has opened the canal environment to the public once again, and a series of new footbridges connect Merchant Square and the wider area to Paddington Station.

The Merchant Square team oversees a year-round programme of free events for locals and visitors such as fitness classes, movie and sports screenings, live music and more. The next phase will see the development of two residential buildings – 1 Merchant Square and 6 Merchant Square, as well as a new office building at 2 Merchant Square.