01.02.2024
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The dawn of 2024 feels like a new chapter for Londoners, with the COVID-19 pandemic now a tragic but distant memory. London public transport usage has returned to 90 percent of pre-pandemic levels, with some weekends even surpassing 2019 demand.
Following a hugely successful 2023 for Transport for London (TfL), including the establishment of Places for London and introduction of the new Superloop bus network, the recently published 2024 Business Plan sets out how TfL aim to keep the momentum and continue to unlock and support housing growth across the capital.
The plan continues to prioritise the Healthy Streets approach, with proposed investment towards public transport and active travel improvements. Local walking and cycling projects will be funded, capacity on the DLR will be increased, and the Superloop bus network will be expanded, just to name a few. A notable enhancement to the TfL network over the last 12 months is the rollout of the Superloop Bus network, which comprises ten express bus services, improving accessibility and connections across outer London Boroughs. 2023 saw the launch of the first six routes, and this year, a further three routes will be introduced, with the final route opening in 2025.
Other major transport infrastructure improvements include replacement DLR trains and a subsequent increase in capacity of 50 percent, unlocking the potential for 10,000 new homes within the Isle of Dogs.
This year will also see continued investment and funding into Underground services, with new trains on the Piccadilly Line and improved signalling on the Metropolitan, District, Circle and Hammersmith & City lines. Feasibility work on the DLR extension to Thamesmead, the Bakerloo line extension and West London Orbital, will continue throughout 2024.
The aim of the plan is to create a safer, greener city, whilst tackling some of the key issues surrounding climate change. As one of London’s biggest landowners, Places for London (TfL’s property company), aim to provide 20,000 new homes by 2030, working with Local Authorities to bring forward development sites and deliver key regeneration schemes.
In 2024, the regeneration of Elephant and Castle is set to deliver 5,000 new homes, including 1,650 affordable homes. A potential DLR extension to Beckton, and a bus transit proposal would serve Woolwich, Thamesmead, and Abbey Wood, supporting the delivery of up to 30,000 new homes. Investment will continue at Surrey Quays and Canada Water, with proposals for a second station entrance at Surrey Quays, enhancing access for future homes.
The continued success of the Elizabeth line has highlighted the importance of supporting housing growth with improved transport connections and accessibility, with its operation supporting the delivery of 55,000 new homes within 1km of its stations.
As part of our work in the Capital, DHA will continue to closely monitor infrastructure projects and ongoing development opportunities.
For further advice on this article, transport planning and unlocking development sites in London please contact, Holly Benwell, Leo Ashby or Simon Moon.
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