CROSSRAIL The Midtown Business Club. Ian Lindsay Land and Property Director

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Transcription:

CROSSRAIL The Midtown Business Club Ian Lindsay Land and Property Director

Crossrail Header here enabling max London 30 characters to grow High Capacity Metro Railway 14.8bn cost 42bn net benefit 118 km length 40 (10 new) stations 24 Trains/hour 200m journeys pa

Funding Header here max 30 characters London ( 7.15bn) GLA BRS & Direct Contribution 4.1bn Community Infrastructure Levy 300m TfL Direct Contribution 1.9bn Developers Contribution 300m Land and Property 500m ( 14.8bn) DfT ( 5.20bn) Direct Contribution 4.8bn Heathrow Airport Ltd City of London Other Funding ( 2.45bn) Network Rail 2.3bn Others

Tunnelling Header here complete max 30 characters

Central Header stations here max 30 characters

Tottenham Header here Court max Road 30 characters

Tottenham Header here Court max Road 30 characters 102,000 passengers to use Crossrail station daily 500,000 sq ft of retail, office and residential space above 1bn total investment at TCR

Farringdon Header here max 30 characters Access to 3 rail networks LU, Crossrail and Thameslink Direct connections to 3 major London airports One of Britain s busiest stations 140 trains p.h.

Journey Header time here savings max 30 characters Current journey time Crossrail journey time Tottenham Court Road to Heathrow T1,2,3 44 minutes 30 minutes Farringdon to Canary Wharf 26 minutes 8 minutes Tottenham Court Road to Liverpool Street 22 minutes 5 minutes Farringdon to Ealing Broadway 32 minutes 16 minutes Farringdon to Bond Street 18 minutes 4 minutes

Project Header progress here max 30 characters

Railway Header and here stations max 30 characters

2017: Header The here new max trains 30 characters Key features: 66 trains each 200 metres long 9 inter-connecting walk-through carriages Space for 1,500 passengers capacity with 450 seats Air Conditioning Real time information on-train Energy efficient and intelligent on-train energy management systems 4 dedicated wheelchair spaces 10 multi-use spaces for bicycles, pushchairs, large luggage or additional wheelchairs Support 840 jobs in Derby

Business Header here opportunities max 30 on characters Crossrail

Transport Header here unlocks max homes 30 characters and jobs Transport links at Canary Wharf New road links Buses DLR Jubilee Crossrail 1981 1987 We clearly expect a sizable proportion of the enabled employment growth in central London to be from firms which would otherwise relocate internationally (Volterra, Crossrail business case) 1999 2019

Railway Header Development here max 30 characters

Development Opportunities

millions Urban Header realm here max 30 characters 120 Route total 130m London total 113m 90 Cowcross St 60 17 10 5 Funding to be secured for 90m target Third Parties TCR East 28 OSD 106 30 TfL Funds 30 CRL Funds 0 Funding target: 90m collected and implemented by 2018

Property Header here impacts max 30 characters c. 5.5bn additional residential and commercial property value Support 57,000 new homes 3.25 million square metres of commercial office floor space 48% of planning applications cite Crossrail as a justification for planning proceeding within 1000m of a station

Regeneration Header here at max TCR 30 and characters Farringdon 1,753 residential units 277,805sqm of office space 77,464sqm of retail space 2,887 residential units 317,285sqm of office space 24,503sqm of retail space

A Header catalyst here for regeneration max 30 characters Ealing Broadway Canary Wharf Custom House Creating Change Southall Slough Tottenham Court Road Whitechapel Farringdon Woolwich Abbey Wood Reinforcing Directions Maidenhead Hayes & Harlington Heathrow Airport Paddington Liverpool Street Bond Street Stratford Romford Ilford Shenfield Brentwood Seven Kings Goodmayes Limited Impact West Ealing Action Mainline West Drayton Langley Hanwell Burnham Taplow Iver Crossrail is more than a new rail link, it will be the catalyst for regeneration in key locations and a driver of London s economic growth; in particular from a property perspective. Chadwell Heath Harold Wood Forest Gate Maryland Gidea Park Manor Park West Central East

Thank Header you here max 30 characters MOVING LONDON FORWARD