The site is currently occupied by Moorfields Eye Hospital NHS Foundation Trust (Moorfields) and UCL Institute of Ophthalmology (IoO).

Plans to relocate the hospital have been in place for a number of years. Moorfields, IoO and Moorfields Eye Charity have been working together on plans to develop a new, integrated, purpose-built centre; an initiative referred to as ‘Oriel’.

Their services will relocate to a new eye care, research and education centre on part of the St Pancras Hospital site in Camden. The new centre will harness the expertise of the partners under one roof and enable them to deliver the highest-quality eye care, research and education.

Derwent London was selected to bring forward development plans for 162 City Road. The site has been allocated by the London Borough of Islington (LBI) for commercial use. Derwent are working closely with the London Borough of Islington to ensure that the redevelopment proposals will complement the council’s ambitions for the area and contribute to wider socio-economic benefits for local residents and businesses.

To ensure there is no loss of research, education or clinical services, redevelopment of the existing site will only commence once the new centre in Camden is operational.


Map of the site

Surrounding Area

The surrounding area is predominantly comprised of commercial and residential uses, with high rise buildings north. The site is bounded by City Road to the east and Peerless Street to the south. Old Street station is a short walk away which provides strong transport links and a variety of amenities.

The site is designated within the ‘City Fringe Opportunity Area’ which means it has been identified as an important location of London for employment growth opportunities. It’s also partially contained within the Moorfields Conservation area.


Sign up to our mailing list

Please sign up to hear more about the proposals for 162 City Road



We use reCAPTCHA to help protect this website and its users from spam and abuse. Any information you provide us with, should you wish to do so, will be held securely and processed in line with our privacy policy. You will only be contacted in relation to the project.