This news item can also be found at the South West Londoner, here.
Plans
to extend the Northern Line from Kennington to Battersea Power Station
have moved a step closer after TFL finalised their budget for the work.
The
‘NLE’ project, which will also include an intermediary stop at Nine
Elms, has been in planning since 2009, and aims to be completed by 2015.
When the project started, an allotted budget of £1bn was set and present cost projections are around £998m.
A
public survey found that around three quarters of the responses to this
were positive or neutral, many approving of the increased public
transport accessibility.
A
report from TfL states that key issues to come out of the survey relate
to possible noise and vibrations for buildings above the route. Around
1000 property owners and occupiers may be directly affected.
The
London Borough of Southwark is calling for Kennington to be
re-designated as a Zone 1 station once the extension is complete.
Since
carrying out the survey, TfL have consulted with community groups and
heritage experts in Kennington on how to proceed with any above-ground
construction.
Alongside
the preparations for the rail extension, Battersea Power Station has
had £400m invested to turn it into a leisure hub for the area.
SP Setia, the largest property group in Malaysia, purchased the land alongside other company partners.
The
structure has had various renovation plans in the past (including
becoming a football stadium and a hotel), but they all succumbed to
funding problems.
The completed complex is aiming to include a block of luxury flats, shops, eateries, a gym, and a revitalised public park.
Work
on the Power Station is scheduled to start this autumn, concluding in
2016, although preliminary preparations have already started.
The success of the Power Station's reopening is likely to depend heavily on the increased accessibility from the rail extension.
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