Crossrail Funding Contributions From Developers Forecast To Hit £600m Target A Year Ahead Of Schedule
The title of this post is the same as that of this article in City AM.
The funding has come from the mayoral community infrastructure levy (MCIL) and Section 106 contributions.
The two biggest contributions came from |Tower Hamlets at £40m and Westminster at £34m.
What the author doesn’t point out is the collateral benefit from all this extra development. Transport for London must be getting more far revenue from more passengers going to and from the developments.
It’s certainly good news.
Are areas like Birmingham, Leeds, Liverpool, Manchester and Newcastle seening similar cast flow increases?
The Anonymous Widower 
Here in Manchester only Metrolink to the Trafford Centre. Previous owners Peel Holdings dragged their feet for a decade, including a face to face between me and http://manchesterlieutenancy.org/hough_robert in front of a judge. Things finally got moving on after its sale in 2011.
Comment by Mark Clayton | August 18, 2017 |