Woolwich Crossrail Station

Meeting: 
MQT on 2012-11-21
Session date: 
November 21, 2012
Reference: 
2012/3338
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What progress has been made to secure funding for a fully operational station at this site?

Answer

Answer for Woolwich Crossrail Station

Answer for Woolwich Crossrail Station

Answered By: 
The Mayor

The fit-out of the Crossrail station at Woolwich has always been conditional on receiving sufficient funding contributions from developers and businesses in the area. Both Crossrail Sponsors, DfT and TfL, have been working hard to find a viable funding package since the deal to construct the station box was agreed in February last year.

As part of that work, officials have been working closely with Berkeley Homes and the Royal Borough of Greenwich to secure the necessary private sector contributions to fund the fit-out of the station.

Initial discussions with both Greenwich and Berkeley Homes have been largely positive and there is broad consensus about the proposed structure of the funding package. Detailed discussions are now underway.