Transport for London board member Daniel Moylan has been appointed as the interim head of the new Crossrail 2 delivery company which was set up in December.
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TfL to form new Crossrail 2 delivery company
Mayor Boris Johnson has announced the creation of a new subsidiary company which will oversee all future development and, subject to funding, construction of the proposed Crossrail 2 rail link.
TfL unveils new consultation on revised Crossrail 2 plans
The scheme, which could open in 2030, has the backing of all four parties currently represented at City Hall and could be worth up to £100bn to London’s economy and help deliver thousands of new homes and jobs.
New report claims Crossrail 2 would deliver £100bn boost to economy
Estimated to cost £20bn, the project would run from Cheshunt to Epsom, via Clapham Junction, Victoria and Tottenham Court Road.
Boris sets up new commission to ensure Crossrail 2 delivers homes and jobs for Londoners
The project could support the construction of 200,000 new homes, helping meet the needs of London’s growing population, and help alleviate overcrowding on existing services. It’s also expected to support 60,000 full time jobs in addition to providing 18,000 jobs during its construction.