Transport for London has formally applied for the powers it needs to deliver a major redevelopment of Bank station.
The Bank Station Capacity Upgrade project, which will involve the construction of a new southbound Northern line tunnel, will allow the interchange to handle 43 per cent more passengers each year.
A Transport and Works Act Order (TWAO) would give TfL the permissions it needs to upgrade the station and operate the new section of railway.
Work is scheduled to begin in 2016, once the funding is in place, and completed by 2021.
David Waboso, London Underground’s capital programmes director, said: “I’m proud of the effort our team has made to develop this project and that we’re now at the point to seek powers from government and drive it forward.
“This is a vital piece of construction work and with it being so close to internationally renowned listed buildings and a working station will be a complex and challenging project to manage. However, we have a vast amount of skills and experience to see it through and have worked with the best of the international engineering community to provide us with an innovative and cost effective solution to increase capacity at Bank station.”
