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Old January 28th 10, 08:33 AM posted to uk.transport.london
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Default MR piece - Northern Line extension?

On Wed, 27 Jan 2010 12:49:16 -0800 (PST), Mizter T
wrote:

*If* a private developer basically pays for it, fair enough. But I'm
sceptical. How much of the originally promised dosh did/has LU managed
to extract from the Canary Wharf developers/owners for the Jubilee
Line Extension? (I know that money was - and poss. still is -
forthcoming in that regards, but I don't think the early promises from
Olympia & York came close to being fulfilled, not least because O&Y
then collapsed.)



Let's not forget that one of the reasons Olympia and York collapsed
was the failure of UK PLC to deliver the Jubilee Line Extension by the
date promised. JLE was years late, and the fact that Canary Wharf was
served only by light rail put an enormous brake on its development.

Nevertheless, my recollection is that Canary Wharf's contribution to
the cost of the JLE was made in full.


 
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