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34: London Investors - the major infra-structure developments


03-27-2005

Best performance capital value increases are often found where new infra-structure development improve communication, stimulate jobs growth and lead to re-generation and positive change. PropertyInvesting.net provides this article from the Mayor of London's Transport Strategy - which articulates the main schemes in the planning phase. Areas that will benefit from these are outlined in the Special Report 32 - examples include Tottenham Court Road, Blackfrairs, Stratford, Woolwich, Docklands, New Cross Gate and Croydon East. 

 

Major expansion projects

Major projects are central to the strategy and will significantly increase the capacity, and extend the provision of, London’s public transport system.

Crossrail

Cross London Rail Links (Crossrail) is a 50/50 venture company formed by Transport for London (TfL) and the Strategic Rail Authority (SRA), and is tasked with promoting two new routes through London.

Crossrail Consultation

Crossrail ConsultationThe new railway will run deep in underground tunnels between Liverpool Street and Paddington and will connect above ground to stations across the South East and London, from Ebbsfleet and Shenfield in the east, to Maidenhead and Heathrow in the west. Crossrail sought views in the Round 2 consultation, until 27 October 2004, from residents and stakeholders in areas along the route. Crossrail ran a number of drop-in information centres and exchanges, finishing on 19 February 2005. Details are available from:

Crossrail Helpdesk - 0845 602 3813 (24 hours a day, 7-days a week)
Fax - 020 7941 7703
Email -
helpdesk@crossrail.co.uk
Website www.crossrail.co.uk
Write to Crossrail, FREEPOST NAT6945, London SW1H 0B

Crossrail 1 (East-West)

Crossrail reported to the Government in spring 2003 on the feasibility, costs and financing of options for the routes of line 1. The Crossrail Business Case received the support of the Secretary of State for Transport on 14 July 2003. He confirmed the Government will be willing in principle to support the scheme by way of a Hybrid Bill, following a successful outcome from an independent review of the case for the scheme led for the Department for Transport, and agreement on funding. The Crossrail hybrid bill was submitted on 22 February 2005. A second reading is expected mid March. The Secretary of State for Transport also confirmed the Crossrail Company should work towards safeguarding the preferred route and carrying out consultation. Public consultation along the benchmark route is ongoing.

Highlights of the scheme include:

Crossrail 2 (NorthEast-SouthWest)

The programme for Crossrail line 2 is not as far advanced as those for Crossrail line 1, but highlights of the scheme include:

East London Line Extension

Thames Gateway Bridge

Thameslink 2000

 

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