27.11.13
‘Superhub’ for north west London
The Mayor of London plans to create a “superhub”, linking Crossrail and HS2 at Old Oak Common, the Standard has reported.
The project could bring £6bn of investment to north west London; creating 80,000 homes and 20,000 jobs by 2025. Subject to approval by the London Assembly, a Mayoral Development Corporation (MDC) in Old Oak Common will be established and begin planning work next year.
The work will be funded through borrowing against enhanced land values, and will also include improving other transport links in the area. The full plans are due to be announced next month.
Deputy mayor for planning Sir Edward Lister will lead the project. He told the paper: “The big opportunity from HS2 is regeneration, and this must not be missed. In London, Old Oak Common and Euston can be made into an entirely new city quarters delivering tens of thousands of homes and jobs for Londoners but only if we get the HS2 design and funding correct.”
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