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Tube expansion

The provision of affordable housing is pivotal to securing further support and additional funding. “At a time when Southwark and all London boroughs are facing acute pressure on housing provision, it could boost businesses because it will be easier for people to get to and from work, as well as back into the city. The extra traffic will be good for local businesses of all kinds. This can in turn lead to a really useful contribution to high quality affordable housing. Situ says: “The council is committed to delivering at least 35% affordable housing. Teaming up with the GLA [the Greater London Authority], I think we can raise that to 40%. The Bakerloo line is enabling this to be viable, so in terms of a social good, it is not just about building a railway line, it’s about the social benefits that will rise out of that – 8,000 affordable homes, which by any standard would be quite an achievement, but we can only do that if we get the Bakerloo line [extension] committed.” As well as the extension plans aiming to deal with London’s growing population – predicted to exceed 10 million by 2030 – and the need for transport services to accommodate this growth, it is also seen by supporters as important to update the Bakerloo Line’s rolling stock. It is the oldest on the underground network, with signalling being of a similar vintage, dating back to 1972. TfL has identified the upgrade as a

major incentive because the line is currently one of the most underutilised as it enters central London and the service becomes slower. An upgrade “could achieve speeds and frequencies similar to that of the Jubilee or Victoria lines,” says TfL. Southwark Council speaks of the extension as “a game changer” for the area, capable of spurring “substantial growth, with the number of homes rising from 14,500 to 34,500 and the number of jobs rising from 9,500 to 20,000”. The extension will facilitate the extra capacity on London Underground for 65,000 journeys (in the morning and evening peak). It will include investment in schools, leisure facilities, parks, walking and cycling connections, a health hub and new cultural offers, as well as higher and further education provision. Southwark Council says the purpose of the Old Kent Road Area Action Plan is to set out how the best of the Old Kent Road can be nurtured and developed over the next 20 years.” The plan rises to the challenge of the “unique conditions and character of Old Kent Road,” as highlighted by Colin Wilson, by “mixing residential and commercial uses, so that new and existing businesses, including warehouses, shops, creative workspaces and offices will be designed to co-exist with new homes”.

THE COUNCIL IS COMMITTED TO DELIVERING AT LEAST 35% AFFORDABLE HOUSING

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issue

20 winter 2018 33

23/11/2018 15:34

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Southwark magazine #20  

Over 20 issues, Southwark magazine has covered the transformation of the London borough, showcasing the influential buildings, strong commun...

Southwark magazine #20  

Over 20 issues, Southwark magazine has covered the transformation of the London borough, showcasing the influential buildings, strong commun...