New Homes on TfL Land

Meeting: 
MQT on 2016-05-25
Session date: 
May 25, 2016
Reference: 
2016/1368
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What is your estimate for the number of new homes that could be built on TfL land?

Answer

Answer for New Homes on TfL Land

Answer for New Homes on TfL Land

Answered By: 
The Mayor

We estimate that TfL land could support between 20,000 and 40,000 new homes, depending on the available financial subsidy and allowable densities.

 

This includes the 10,000 homes already publicly identified as being brought forward through TfL’s Property Partnerships framework, which aims to generate £1.1bn to reinvest in the transport network.

 

It also includes between 10,000 and 30,000 homes on additional sites, which have been identified as part of a review of TfL’s landholdings across London. There may also be further capacity on 9,000 smaller so called infill sites that are currently being assessed.