Chairman Pip's Railway Thoughts

I’m long, and I’m strong, and I’m bound to get the friction on

Posted in Infrastructure, London, Metro by Chairman Pip on 13 November 2010

Well well. Despite the Age of Austerity, we’re still going to get an extension of the Underground. Admittedly not a very long one, but it will doubtless be disruptive. This short branch of the Northern Line will run from Kennington for two stops, terminating at Battersea Power Station. The reason is that, finally, almost thirty years after it was decommissioned, it looks like a use will finally be made of the power station, with it intended to be redeveloped as the centrepiece of a massive retail and residential area intended to regenerate that part of South London. As is often the case, this redevelopment, which in total is valued at around £4bn, has hinged on the introduction of the Underground into the area. So the developers, Real Estate Opportunities, have committed over £200m to build the Northern Line extension, making it the first privately funded part of the network since the nationalisation of 1933. According to Wandsworth Council:

The two Northern Line stations will spur on the regeneration of Nine Elms and bring a huge economic windfall to this part of south London. There is still a great deal of work to be done but this is an important step forward and will give the area’s other major investors the confidence to press ahead with their plans
Cllr Nick Cuff

Nine Elms is an area on the up – not only is New Covent Garden Market located there, but the US Embassy will be moving to a new building there planned to start construction around 2012. The addition of the power station site will further spark the economic regeneration of the area. And it’s all primarily because private money is being invested in the Tube. Just goes to show that private capital is not the evil that certain people make it out to be. Right Mr Potato Head?

“Battersea Power Station scheme approved”

The planned redevelopment of Battersea Power Station - welcome investment for a less than affluent part of London, and in no small part possible because of the Tube

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One Response

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  1. Long Strong said, on 19 November 2010 at 9:45 pm

    […] I'm long, and I'm strong, and I'm bound to get the friction on … Admittedly not a very long one, but it will doubtless be disruptive. This short branch of the Northern Line will run from Kennington for two stops, terminating at Battersea Power Station. The reason is that, finally, almost thirty years . […]


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