In article ,
Roland Perry wrote:
Nick Leverton remarked:
A lot of business ideas suppose that they can gross a lot of money, and a
lot of them fail to meet their goals. Of more interest, if anyone knows,
would be what contribution the project was actually expected to make to
the Northern Line Battersea extension.

The power station developer was the "sponsor and manager" for the
extension.

http://www.northernlineextension.com...ess_report_no_
1_final.pdf

There are some interesting maps, eg p8. The price depends on the route
and I presume it's the £459m one. They seem to have gone for the highest
density development scenario on page 10, but it's possible (if this was
also the announcement of the choice of route) that the developer could
only have paid for the cheaper route option, more on cash-flow than
cost/benefit grounds.

Thanks, an interesting read. It seems the NLE will be required to cope
with travel needs for any but the residential-only development options
in the area, and even for those it would still be a good idea. So it's
presumably unlikely to die just because the developers have gone under.

However the funding is still a work package to be subsequently delivered !

Nick
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