The Anonymous Widower

Funding For Homes And A New Railway Station In North London

The title of this post is the same as that of this article on Ian Visits.

The government has said, that two major housing developments will be built in London beside new railway stations.

Brent Cross Thameslink

The development and the funding for Brent Cross Thameslink station is introduced by this paragraph.

The larger investment will see £320 million being spent on a new Brent Cross West Thameslink station which will lead to a new community of 7,500 properties being built. This is in addition to the £97m grant awarded in the 2016 budget bringing total government investment £416.5 million.

Other points about the development include.

  • The development is on the site of the Crickjewood depot.
  • The station could be asn interchange with the West London Orbital Railway.
  • A contractor should be appointed this year, with opeing in 2022.
  • Services could be eight trains per hour (tph) in the Peak and four tph in the Off Peak.
  • A public bridge over the railway will be included.
  • There will be new offices.
  • The Brent Cross Shopping Centre will be extended.
  • The £320 million investment will be repaid from business rates from the commercial development.

It all seems to me, that there could be a lot of winners here.

Old Oak Common

The development and the funding for Old Oak Common station is described by this paragraph.

The government will also be providing £250 million so up to 13,000 new homes can be built close to the new HS2 railway station at Old Oak Common.

This scheme provides more properties, but it doesn’t as yet include the commercial development.

Conclusion

London seems to be building more housing, that at any time in my life.

 

March 23, 2019 - Posted by | Transport | , , , , ,

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