A new Transport for London (TfL) consultation sets out detailed proposals for station locations along the proposed route beyond Elephant & Castle.
Working in collaboration with the local boroughs, Lewisham and Southwark, at least 25,000 new homes and 5,000 new jobs could be supported as a result of the Bakerloo line extension.
Four new stations are being proposed along the route to boost connectivity and support regeneration. This includes two stations 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. Details for proposed locations of the ventilation shafts needed to support this extension also form part of this consultation.
As announced in the TfL Business Plan, the updated plans bring the completion date of the extension forward by two years to 2028/29, to align with the timetable for the upgrade of the Bakerloo line.
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.”
Cllr Mark Williams, cabinet member for regeneration and new homes at Southwark, said, “We have big ambitions for the Old Kent Road regeneration, which will pull central London further south and help transform the length of this historic thoroughfare into a dynamic new high street bustling with new homes, including at least 35 per cent affordable homes, new shops and cafes, workspaces, parks and open spaces and safer networks for cyclists and pedestrians.
“This is a very exciting opportunity and we are encouraging local people in particular to get involved in the conversations now to help shape the future of one of London’s most famous roads.”
The preferred route was chosen as it provides the greatest regeneration opportunities, and the best case for maximising new homes and jobs. Other options were considered for the extension, many of which were suggested as part of the previous public consultation.
TfL is planning to progress work towards an application for planning powers by 2020, with further public consultation expected in the future as more details about the proposals are developed.