Bank and Monument together are used by more than 52 million passengers a year. Demand has risen by around a quarter 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 station entrance on Walbrook (at the Bloomberg building), with step-free access to the Waterloo & City line, is also being built. The entrance will have two lifts, four escalators and a new ticket hall when it opens in 2018.
More than 200 engineers and staff will work on site at Bank 24 hours a day until 2021. The station will remain open to customers throughout the work. Most of the construction work will take place below ground to minimise construction impact on the historically significant site which is bordered by 31 listed buildings.
Two main worksites are needed to construct the scheme:
We aim to keep disruption to a minimum during construction and manage environmental impacts with industry best practices.
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.
Our TWAO application documents, Statement of case, factsheets and settlement deed procedure are on the Bank station capacity upgrade page.
We will need to close part of the Northern line City branch in 2020 to connect new and existing sections of tunnel safely. Closures will be as shown below, with reduced frequencies on those sections of the City branch which remain open.
There will be room for displaced passengers on the District/Circle lines and Elizabeth line (currently being built by Crossrail Ltd), which will be fully operational by 2019. In addition, Thameslink frequency will be up to 24 trains per hour between Elephant & Castle/London Bridge, Blackfriars, City Thameslink and King's Cross.
To further help passengers, we will:
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.