Agreement has been reached to build a new ‘station box’ on the Crossrail line through Woolwich on the project’s south-eastern spur, Transport Secretary Philip Hammond has announced today. The station box, which could be converted into a complete station in the future, will be privately funded by developer Berkeley Homes under an agreement with the Department for Transport, Transport for London, Crossrail Ltd and Greenwich Council.
Philip Hammond said, “I am pleased that we have secured this site for a future station and have reached an agreement to build the ‘box’ for the station at no extra cost to the taxpayer, bringing the benefits of a station in Woolwich a step closer.
“This is an excellent deal for the taxpayer and shows our commitment to deliver the ambitious Crossrail project while maximising value for money.
“Crossrail will mean 1.5million more people will be within a 45 minute journey of London’s business centres; it will boost the economy and generate thousands of new jobs.”
The Mayor of London, Boris Johnson, said, “Crossrail is set to bring billions of pounds of benefits to the whole of the capital and the wider UK but this agreement with Berkeley Homes will help bring massive financial advantages to this corner of southeast London. It is just one of countless examples of why this project is so important on a local as well as a national level.”
Rob Holden, Chief Executive, Crossrail said, “I’m delighted that the legacy of Crossrail investment has been secured at Woolwich. Construction work on the new station box will get underway shortly.”
Rob Perrins of Berkeley Homes said, “Berkeley is looking forward to working in partnership with Crossrail in the delivery of a major new transport system for London and, in particular, in providing the Station Box at Woolwich.
“Berkeley has always been totally committed to having a Crossrail station within its flagship development at the Royal Arsenal and it is hoped that with the Partners signing the contracts for the Station Box today that this will now become a reality.
“However, there is still much to do to raise funds to ensure the Station Box is fully fitted out as an operational station at no net cost to the public purse. I have every hope that this can be achieved.”
In 2007, outline agreement was reached with Berkeley Homes under which they would build the basic box structure of a station at Woolwich and then construct their own development overhead. The final agreement now reached means this is now a firm and practical commitment ensuring the construction of the Woolwich station box at no additional cost to the taxpayer above the current cost of Crossrail.
The new station will be beneficial for passengers using Crossrail, as well as for residents of the Woolwich area.
The station box at Woolwich would need to be fitted out before it is brought into full operational status – this will be conditional on developers and local businesses making sufficient contributions to pay for the cost of fitting out the station.