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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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