Mayor of London launches consultation for new MDC on Oxford Street
The Mayor of London has launched a public consultation regarding the establishment of a new Mayoral Development Corporation (MDC) for Oxford Street and its potential pedestrianisation. The proposed MDC would be vested with specific planning powers to facilitate the area's transformation, subject to statutory consultation and consideration by the London Assembly. The governance structure would mandate representation from affected local authorities on the MDC board, with Westminster City Council allocated two seats.