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Bank & Monument
Bank and Monument together are used by more than 120 million passengers a year. That's an increase of 38% since 2008.
Improving the station is critical to keep London working and growing and is a key part of our plans to increase frequency on the Northern line.
By 2022, the interlinked stations will feature several new escalators, a new station entrance and more room for Northern line passengers. This will increase capacity at the station by 40%.
The modernisation will include:
- A new railway tunnel and platform for the Northern line that will reduce interchange times and create more space for passengers
- Step-free access to the Northern line and DLR platforms
- More direct routes within the station, with two new moving walkways
- Two new lifts and 12 new escalators
- A new station entrance in Cannon Street
Walbrook entrance - opened November 2018
A new station entrance on Walbrook (at the Bloomberg building) now offers easier access to the Waterloo & City line. The entrance has two lifts, four escalators and a new ticket hall.
More than 200 engineers and staff are working on site at Bank 24 hours a day until 2022. The station stays open to customers throughout the work. Most of the construction work is taking place below ground to minimise construction impact on the historically significant site which is bordered by 31 listed buildings.
Two main worksites are being used to construct the scheme:
- The area bounded by Cannon Street, Abchurch Lane, King William Street and Nicholas Lane is known as the 'Whole Block' worksite. The new station entrance on Cannon Street, lifts and escalators will be built from this site
- Most of the tunnelling works is taking place from the Arthur Street worksite. This means Arthur Street is closed to vehicles - however, pedestrians, dismounted cyclists and deliveries still have access
We aim to keep disruption to a minimum during construction and manage environmental impacts with industry best practices.
Key progress milestones
More than 1000m of new tunnels have been built, including two new escalator barrels. Work on the third and final new escalator barrel excavation has started - this will offer a new direct interchange between the Northern line and DLR platforms once the project is finished
Waterproofing of the new tunnels continues, with the new southbound running tunnel and Central line moving walkway link areas complete
At the Whole Block worksite, construction of the structure for the new station entrance on Cannon Street is now complete. We have finished installing the dividing walls to create operational rooms across 11 floors. Fit out stage has now started in the new transformer room and will continue through the rest of the station
The excavation of a new lift shaft that will provide direct, step-free access from street to both Northern line and DLR platforms is nearly finished
Transport and Works Act Order
We were granted a Transport and Works Act Order (TWAO) by the Secretary of State for Transport that came into force in January 2016. The TWAO authorises us to construct the works and operate the new section of railway.
Northern line Bank branch in 2021
We will need to close part of the Northern line Bank branch in spring/summer 2021, between Kennington and Moorgate, to connect new and existing sections of tunnel safely. Trains will run less frequently on those sections of the Bank branch that are still open. Check back here for details.
Customers will be able to complete their journeys by other Tube, rail, bus, walking and cycling routes. We'll share detailed travel advice closer to the time.
To help passengers, we will:
- Run 33% more trains on the Northern line Charing Cross branch
- Review bus use and consider enhancing services where necessary
- Investigate scope for passengers to use alternative National Rail services, such as Waterloo to London Bridge, and London Bridge to Cannon Street
- Review available walking space on the Moorgate to London Bridge pedestrian corridor
- 9 September 2014: apply for Transport and Works Act Order (TWAO)
- 15 December 2015: TWAO decision
- April 2016: works start
- Spring 2017: tunnelling starts
- Spring/summer 2021: Northern line closure
- Late 2022: works completed
Between them, Bank and Monument stations are served by five Underground lines as well as the DLR.
Currently, 123,000 passengers use Bank station during the morning peak period, about 51,000 of whom are changing between lines.
The two stations consist of three ticket halls, six lifts, 10 platforms, 15 escalators and two 300-foot moving walkways, making one of the largest and most complicated subterranean railway complexes in the world.
Our proposals follow public consultations held in 2011, 2012, 2013 and 2014.