Exclusive | Canary Wharf Group in talks about rail link to Euston (original) (raw)
A new underground rail line connecting High Speed 2 services at Euston Station in north London to Canary Wharf in east London is being considered by the government, New Civil Engineer understands.
The proposal to build the line was submitted by developer Canary Wharf Group as part of the government’s call for ideas for market led proposals (MLPs) – a mechanism to invite more private sector funding of rail projects in the UK.
The scheme is believed to be one of the 10 which are being considered and taken forward. Thirty schemes were initially submitted to the government as part of the call for ideas, with the list whittled down in December last year.
In a letter - seen by New Civil Engineer - sent to the London Borough of Southwark planning department, the developer states that it had entered the new line from Euston to Canary Wharf via the City into the MLP process. The new stretch of railway, it stated would ease congestion on the Jubilee Line.
New Civil Engineer also understands that should Crossrail 2 not be built, the new line would ease pressure at Euston with the arrival of the High Speed 2 services in 2026.
It would also provide additional capacity at Canary Wharf with the arrival of Crossrail and the development of Wood Wharf, a new district to the east of Canary Wharf. When complete in 2023, the new district would provide over 3,300 new homes, nearly 2M.ft2 of office space, and a further 490,000 ft2 of shops, restaurants and community uses.
It is understood that the new line will be tunnelled and be around 8.5km in length.
The scheme is likely to cost in excess of £5bn, considering the Northern Line Extension is coming in at around £1.2bn for 3.2km of tunnelling, and the Bakerloo Line Extension is pegged at £3.1bn for 7.5km of tunnel.
Canary Wharf Group has been contacted for comment.
- To get the full update on what’s happening in the rail sector join us at New Civil Engineer’s Future of Rail conference 26-27 June 2019. Call Ben Joudar on 020 3953 2623 to find out more.
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Crossrail Crossrail 2 High Speed 2 Rail 2019-04-11
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