MD1453 Sale of Plots D and F at White Hart Triangle, Plumstead to TfL Ltd

Type of decision: 
Mayoral decision
Code: 
MD1453
Date signed: 
11 March 2015
Decision by: 
Boris Johnson MP (past staff), Mayor of London

Executive summary

GLA Land and Property Ltd (GLAP) seeks the Mayor’s approval for the sale of plots D and F at White Hart Triangle business park, Plumstead, to Transport for London (TfL) for the purposes of the Crossrail project. The land will be used as overnight storage and maintenance sidings for Crossrail trains.

This paper relates specifically to the Sale of land to TfL/Crossrail and is in addition to MD1250, which authorised GLAP to enter into alterations to the Joint Venture Agreements at White Hart Triangle with GLAP’s development partner Tilfen Land Ltd.

The gross purchase price is subject to a deduction for asbestos remediation, agreed by GLAP and TfL, following interrogation by GLAP appointed consultants, Aecom. TfL will also undertake the relocation of a trunk sewer, at TfL’s cost, across land to be retained by GLAP.

Part 1: Non-confidential facts and advice