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Northern Line extension gets the green signal

Posted by: In: Real Estate 13 Nov 2014 Comments: 0 Tags: , , , , , , , , , , ,

Proposals to extend the London Underground’s Northern Line to Battersea and Nine Elms have been given the green light by the government.

The planned extension of the line from Kennington to Battersea via Nine Elms will support the development of the Vauxhall, Nine Elms and Battersea area as a major extension to central London, supporting 24,000 new jobs and over 18,000 new homes.

The extension will also cut journey times to the West End and the City to just under 15 minutes.

Two new stations will be constructed – one at Nine Elms to the east, serving new developments such as the US Embassy and the redevelopment of New Covent Garden Market, as well as existing communities. The other will be located at the heart of the Battersea Power Station redevelopment. Work continues on the project, with Sting recently purchasing one of the apartments in the London landmark.

The full cost of the Northern line extension is expected to be up to £1bn, which is being funded entirely through contributions from the developments in the area that will benefit from the extension.

The Mayor of London, Boris Johnson, said: “I am delighted we can confirm that early next year the spades will be hitting the ground for the creation of the Northern line extension. Driven by improved transport links this part of central London is set to move forward a century in a matter of a few years, supporting 24,000 new jobs and more than 18,000 new homes.”

UK, Travel and Tourism

Source: The Movechannel


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