In message
Mwmbwls wrote:

http://www.transportbriefing.co.uk/story.php?id=3D4907
quote

Olympia to be remodelled in Overground property plan
Filed 24/04/08

Transport for London has appointed commercial property consultancy
Lambert Smith Hampton to manage property at stations across the London
Overground network.

The two-year contract makes LSH responsible for providing portfolio
management services across 50 stations on the North London, West
London, Gospel Oak to Barking and the Euston to Watford lines. TfL
intends to spend more than =A31.4m over the next four years refurbishing
stations and increasing the number of on-site retailers to bankroll
further investment.

[snip]

Is that it - letting the station building to a retailer and build a
couple of sheds why not use the air rights over the station to build
a substantial high rise complex =96 office, retail, housing ala Dalston
Junction and use the profits to have decent station facilities.


That's just the proposal for Olympia, I expect LSH will be keen on exploiting
all sources of income as doubtless they are on a percentage. The Olympia
scheme is a quick and easy job, the building already exists and is presumably
in good enough condition. That gets the ball rolling and money coming in.
Would keeping the current building preclude the sort of development you are
considering?

--
Graeme Wall
This address is not read, substitute trains for rail.
Transport Miscellany at http://www.greywall.demon.co.uk/rail/index.html