Capital spend on cycle parking

Meeting: 
MQT on 2020-02-24
Session date: 
February 24, 2020
Reference: 
2020/0427
Question By: 
Caroline Russell
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

What has been your investment in cycle parking by year from 2016-17 up to 2019-20, and what is the expected spend by Transport for London (TfL) for 2020-21 to 2024-25?

Answers

Answer for Capital spend on cycle parking
Capital spend on cycle parking

Capital spend on cycle parking

Answered By: 
The Mayor

Cycle parking is key to enabling more Londoners to cycle. I have published a cycle parking strategy in summer 2019 with an objective that every cycle trip starts and ends with a safe place to park.

The question asks for capital spend, but for historic delivery of cycle parking, particularly where it has been a smaller component of a wider scheme, a cost breakdown is not readily available and summarised at portfolio level so it is not easy to consolidate the financial information. Records are not held of cycle parking provided off-highway by developers or businesses. We can however summarise the number of cycle parking spaces and stands that were delivered on the highway network.

In 2016/17, through the Local Improvement Plan (LIP) funding mechanism boroughs installed 5,383 cycle spaces on borough roads, and TfL installed 298 cycle stands (with multiple spaces) on the TLRN.

In 2017/18 through the LIP funding mechanism boroughs installed 7,160 cycle spaces on borough roads, and TfL installed 24 cycle stands (with multiple spaces) on the TLRN.

In 2018/19, through the LIP funding mechanism boroughs installed 4,658 cycle spaces on borough roads, and TfL installed 377 cycle stands (with multiple spaces) on the TLRN.

Following the publication of the Cycle Parking Action Plan in July 2019 we have invested £3.5m in 2019/20 to accelerate the delivery of cycle parking across London, using detailed analysis to identify the areas of greatest demand. With TfL funding, boroughs have committed to install nearly 8,000 new cycle parking spaces, including secure cycle parking in residential areas and at stations, new spaces in nearly 100 schools and thousands of new on-street spaces on high-streets and town centres.

We will continue to work closely with boroughs and other stakeholders to deliver more cycle parking in future years, following the principles set out in the plan. We will invest a further £1m per year through to 2024/25 for the delivery of the plan and will re-assess this budget allocation based on demand from London boroughs.