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03

04

Half a million people walk down

Oxford Street every day. New

infrastructure will create greater

access to, demand for, and pressure

on the street. The Elizabeth Line’s

two new stations are expected to

discharge 120,000 more people each

day – a 40% increase. However, this

is not without its issues. The street

is already one of the most polluted

in Europe, and one of the UK’s top

accident hotspots. There have been

numerous plans for overcoming

these challenges – from a covered

mall with rooftop buses, to hop-on-

hop-off trams with none coming near

to fruition. Following commitments

made in his election manifesto to

pedestrianise the street, Sadiq Khan

announced that vehicles would be

banned from Tottenham Court Road

in the east, to beyond Selfridges in

the west by 2020. And a final stretch,

up to Marble Arch, is due to be

completed by 2025. The endgame

might not be a totally bus and taxi

free street from end-to-end, as the

needs of other stakeholders need to

be considered when diverting the

135 buses an hour from the street.

However, with the political will in place

to drive change forward, by 2021 the

Oxford Street experience may well

have changed for the better.

The Northern line extension will

connect Battersea to central London,

making the journey to the West End

or the City 15 minutes faster than

at present, creating opportunities

and communication from expanding

catchment areas. Due to open in

2020, the line will include two new

Zone one stations; Battersea and

Nine Elms, connecting to the existing

tube network via Kennington. The

extension will improve access for

many commuters, with a 20% increase

in capacity on the Northern line

during peak times, while creating up

to 25,000 new jobs and 20,000 new

homes in the area. The new line will

help to support economic growth in

the rapidly developing Nine Elms area

building on the success of attracting

the US and Dutch Embassies and

most recently Apple. It is a key piece

of the wider regeneration of the area

that includes the redevelopment

of the Power Station, significant

residential development, a linear

park, opening up of the Thames

riverside path and the modernisation

of the New Covent Garden market

and, which by 2021, will be on the

path towards being an established

business district.

Pedestrianising

Oxford Street

The Northern Line

Extension and New

Business District

New

infrastructure

will create

greater access

to, demand for,

and pressure

on the street

05

COVER STORY

CUSHMAN & WAKEFIELD