Surrey Canal Road Station

Meeting: 
MQT on 2010-09-15
Session date: 
September 15, 2010
Reference: 
2010/2647
Question By: 
Len Duvall OBE
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

I have recently been informed by Transport Minister Theresa Villiers that she has "concluded that [the DfT] cannot provide the £7 million support required to build this new station". Do you agree with Ms Villiers that the business case for Surrey Canal Road station is "relatively weak" and, if so, on what grounds? If not, will you pursue every means of securing funding to ensure that the project goes ahead?

Answer

Answer for Surrey Canal Road Station

Answer for Surrey Canal Road Station

Answered By: 
The Mayor

TfL and the London Borough of Lewisham worked jointly to develop the business case for the station, which we believe would be of great benefit to the local community and which would support the future development of this area. Up to 2,500 new homes are forecast to be built in the catchment area of the station by 2016. The station would double the number of jobs within a 45 minute commute. The benefit cost ratio is 1.6 to 1, using TfL's methodology, which represents a perfectly acceptable if not spectacular business case. However, this is academic if the DfT cannot afford to invest.

A site for a possible future station has been incorporated in the design of the London Overground extension so that, should funding be confirmed at a later date, it could be built with less disruption to the operational railway. TfL and the London Borough of Lewisham are continuing to work together to ensure that the design of the scheme takes into account the proposed development in this area.