The scheme would create one new stop at Battersea Power Station and another on Wandsworth Road (close to Sainsbury’s). A new stretch of tunnel would link to the rest of the line at Kennington. Travel to the West End and the City would be cut to 15 minutes from the Battersea area.
Subject to the planning powers being granted and final funding agreed, construction could begin in 2015 with the two new stations opening in 2020.
Ravi Govindia, leader of Wandsworth Council and chair of the Nine Elms Vauxhall Partnership, said: “Bringing the Tube to Battersea has long been the ambition of this council and we are now within touching distance. This project is the key to unlocking Nine Elms on the South Bank’s full potential and delivering 25,000 new jobs and 16,000 new homes.”
Transport for London has submitted a Transport and Works Act Order (TWAO) application to the Secretary of State for Transport. This marks the start of the statutory process during which people or organisations can make representations to Government with their views on the proposed scheme. This period will last for seven weeks.
Results from three public consultations on plans to extend the Northern line have already confirmed strong support for this potential new Tube link.
A public inquiry is likely to be held this autumn after which the Government will make a decision. This is expected by autumn 2014.
Michèle Dix, Managing Director of Planning for Transport for London , said: “We are now seeking planning approval from the Government to build and operate this vital transport link with the submission of a Transport and Works Act Order.
“Extensive public consultation has shown that the majority of local residents and businesses are behind this proposed Tube extension, which will create access to the Underground for thousands of people, as well as cutting journey times from the Battersea area to the West End and the City to about 15 minutes.”
Funding for the proposed Tube link is guaranteed by the finance package confirmed by the Chancellor in his 2012 Autumn Statement. Up to £1bn would be borrowed by the public sector to finance the construction of the extension.
The funding to repay this borrowing would then come from the private sector in the form of business rates and private developer contributions.