Contract awarded for new Bank station entrance

02 September 2014
Contract awarded for fit out of new Waterloo & City line Bank station entrance.
"The award of this contract is an important step on our journey to deliver a bigger and better Bank station that can meet the challenge of increasing demand and help to provide quicker and easier journeys for customers"
David Waboso
London Underground's Director of Capital Programmes

Transport for London (TfL)  has awarded the contract to fit out the brand new Waterloo & City line station entrance 'box' at Bank to construction specialists Hochtief UK Limited.  

The contract, part of a £57 million major redevelopment at the Bank/Monument interchange, will provide a new step free entrance at the station giving passengers direct access to the Waterloo and City Line from Walbrook Square.  

Bank station currently serves 98 million passengers per year and is one of London's busiest Tube stations.

These works form part of London Underground's station capacity programme to enlarge and make step-free the capital's busiest stations.

Northern line redevelopment

In a separate project TfL are also planning to redevelop the Northern line part of the interchange, which includes building a new Northern line southbound running tunnel that will create more platform space, interchange tunnels and an additional station entrance, as well as step-free access to the Northern line platforms.  

The Waterloo & City line station 'box', which is being built by contractors working on media firm Bloomberg's new European headquarters, is an underground structure that will enable the subsequent installation of four new escalators, two new lifts and a new ticket hall. Bloomberg's contractors will hand over the box to London Underground next summer, with the final fit out scheduled to be completed by the end of 2017.  

David Waboso, London Underground's Director of Capital Programmes, said: `The award of this contract is an important step on our journey to deliver a bigger and better Bank station that can meet the challenge of increasing demand and help to provide quicker and easier journeys for customers. The step-free Waterloo & City line entrance and ticket hall, with new escalators and lifts, form a key part of our upgrade plans for Bank, one of London's busiest stations.'

  • To achieve planning consent for its new European headquarters building, Bloomberg agreed to work in partnership with London Underground to help increase the capacity at Bank Station.
  • The new Bloomberg Place development will be nine floors above ground, and will provide 110,000sqm of office space across two buildings, which will be connected by a covered retail arcade at ground level.
  • The design and build contract will include two 5.5m tunnels between the station box and the Waterloo and City line platforms.
  • The Bank-Monument complex is served by five Underground lines, Waterloo & City, Northern, Central, District and Circle, as well as the Docklands Light Railway.
  • This work will continue to improve performance and deliver reliable Tube services for Londoners - with faster and more frequent journeys, fewer delays and, ultimately, 30 per cent more service across the network.
  • The Bloomberg Place site is steeped in history. Museum of London archaeologists uncovered many Roman artefacts during the ground works of the current development, many of these will be exhibited in the completed building.