London Investment and Development News; The Northern Line Extension is the Key to Development of Nine Elms and Vauxhall

Plans for the Extension of the Northern Line is planned to have a greater impact than improved public transport capacity and accessibility between central London and the Nine Elms area. Battersea Power Station would become the focus for a new town centre with 66,000 square metres of retail, restaurant and cafe space - more than Clapham Junction and Wandsworth town centres.

The Extension will:

1. Deliver improved public transport to an area of major change and regeneration projects including:
• New Covent Garden Market - delivering a new consolidated, modern food and flower market with new education facilities, homes and a retail zone based around the market;
• Battersea Power Station - creating a new town centre for Nine Elms and including restoration of the iconic listed building into a new cultural centre for London;
• United States Embassy - relocating the embassy from Mayfair to a new landmark building in a parkland setting, as a catalyst to the area's regeneration;
• Tideway Wharf - providing residential units, a hotel, health club, restaurants, bars and retail spaces and an enhanced river frontage through new public realm and an improved river walk; and
• Development around Vauxhall interchange - focusing business and residential development around this existing transport hub.

2. Bring new homes, jobs, businesses, shops and community facilities to an underused part of central London;

3. Improve public transport for 15,000 existing households, reduce reliance on the car and reduce pressure on Vauxhall Underground station; and

4. Create a new public transport link, connecting VNEB directly to the rest of central London, less than 15 minutes from the West End and the City

Leader of Wandsworth Council Ravi Govindia said:

"This is great news for London and huge victory for the council and its partners. The Northern Line Extension is the key to unlocking development throughout Nine Elms and Vauxhall. It will help create 16,000 new homes, 25,000 jobs and deliver billions in growth for the wider economy."

London Local News