Stratford Station Investment Bid
A coalition of public and private sector bodies is supporting plans for a major redevelopment of one of the country’s busiest train stations, submitted to Government today Tuesday, August 1, 2023.
The submission, developed by Newham Council, Network Rail, TfL and the London Legacy Development Corporation, sets out the work needed to progress plans for an upgrade to Stratford Station.
The work follows increasing concerns about the future capacity of the east London station and overcrowding. Stratford is one of the UK’s busiest stations with more than 128 million passenger movements recorded in 2019, an increase of 90 million in just 13 years. In 2022 the station was the fifth busiest in the whole of the UK and is one of the UK’s most important strategic transport interchanges linking London with Essex and the East of England, the Thames Estuary and Kent.
The Strategic Outline Business Case shows how an enhanced station can deliver:
- Up to 10,000 new jobs
- 150,000 sqm of commercial space
- New retail and community space centre around a major new public square
- Up to 2,000 new homes (50% genuinely affordable)
- Support the growth of east London, raise productivity and reduce carbon emissions.
Lyn Garner, Chief Executive of LLDC, said:
“Stratford is home to the most successful post-Olympic regeneration with thousands of new homes and jobs. A station fit for purpose is vital to drive the success of projects already in the pipeline like East Bank, major events and additional housing and jobs.”
The partnership will now develop more detailed plans for the station’s redevelopment which will be submitted to Government in the next few years.
Businesses and institutions supporting the proposals include East Bank, Here East, Westfield Stratford City, London City Airport, Stansted Airport, Notting Hill Genesis and Stratford BID.
