Transport for London has published new details about the planned Bakerloo Line extension which will take the Tube from Elephant & Castle to Lewisham via Old Kent Road and New Cross Gate.
The agency and City Hall say the project is “vital” if the capital’s transport network is to meet the needs of London’s growing population which is expected to increase from 8.7 million today to over 10 million by 2030.
In addition to delivering extra transport capacity, the extension would support at least 25,000 new homes and 5,000 new jobs in Lewisham and Southwark.
Four new stations are being proposed along the route, including two along Old Kent Road, one at New Cross Gate providing an interchange with London Overground and National Rail services, and one at Lewisham, providing an interchange with the DLR and National Rail services.
The recently published TfL Business Plan brought forward the project’s expected completion date by two years to 2028/29 and the publication today of a consultation on the proposed station locations marks a major step forward in meeting that target.
Sadiq Khan, Mayor of London, said: “I’m delighted that we’re pushing ahead with the Bakerloo line extension two years earlier than originally planned.
“It will provide substantial benefits for thousands of Londoners, providing a new direct route for commuters into the heart of central London and joining up key transport links across south London.
“The extension also has huge potential for new jobs and 25,000 new homes in the area, helping fulfil our ambition to tackle London’s housing crisis and provide a substantial boost to the local economy.”
Alex Williams, TfL’s Acting Managing Director of Planning, added: “London continues to grow and we need to ensure transport has the capacity to accommodate this growth.
“The Bakerloo line extension plays an important part in these plans, improving connectivity for an area under-served by public transport where there is potential to support 25,000 new homes and 5,000 new jobs.”
The public consultation will run until 21st April can be found at www.tfl.gov.uk/bakerloo-extension.