Improved transport links to support the transformation of Old Oak Common moved a step closer today, as Transport for London (TfL) secured €4m funding from the European Commission (EC) to progress the development of options for new London Overground stations in the area.
The funding was awarded from the EC's Connecting Europe Facility (CEF) within the framework of the Trans-European Transport Network scheme and will be match-funded by TfL, allowing the further development of options for potential new stations at Old Oak Common Lane and Hythe Road.
Connectivity between HS2, Crossrail and the London Overground is essential to the transformation of Old Oak Common and the regeneration of Park Royal, one of the Mayor of London's key Opportunity Areas, supporting 65,000 jobs and 25,500 new homes. The new travel links could radically cut journey times to and from the area and would allow access to both the Clapham Junction to Stratford, and Richmond to Stratford, London Overground lines. The stations would also provide an interchange with Crossrail and High Speed 2, helping minimise congestion at Euston station and allowing further integration of these services into London's transport network.
Richard De Cani, TfL's Managing Director of Planning, said: "Old Oak and Park Royal is one of the largest regeneration schemes in London for decades and will support 65,000 new jobs and 25,500 new homes. Good transport links are vital to the successful transformation of the area, and this funding will allow us to develop proposals for London Overground connectivity in the area. These new local links will connect Old Oak Common to two London Overground routes and will enable High Speed 2 and Crossrail to interchange with the suburban rail network, easing potential pressure on Euston."
Work on the proposals for the new London Overground connections in Old Oak will commence as part of wider development plans for Old Oak and Park Royal, led by the Old Oak and Park Royal Development Corporation (OPDC), which was launched by the Mayor of London in April to drive forward regeneration plans for the area.
Sir Edward Lister, Deputy Mayor for Planning and Chairman of the Old Oak and Park Royal Development Corporation said: "HS2 and Crossrail represent a once-in-a-generation opportunity to transform Old Oak and Park Royal into a thriving new part of London with thousands of new homes and jobs. This funding paves the way for us to progress the development of new stations that will help to make Old Oak one of the best-connected parts of London and a key driver of economic prosperity for decades to come."
The Corporation has the support of Government, and works closely with the boroughs of Brent, Ealing and Hammersmith & Fulham, to exercise their planning powers across the entire site.
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