Fri 4 September 2015, 11:41 am
Blackhorse Lane in Waltham Forest has been named a housing zone – an initiative introduced by the Greater London Authority (GLA) and the mayor to speed up the delivery of housing.
The Waltham Forest housing zone will enable the regeneration of the Blackhorse Lane and northern Olympic areas, creating two new villages connected by the Lee Valley Regional Park. The zone will receive £41,985,000 towards 2,477 new homes. The council aims to make 596 of the properties affordable.
Passengers will have direct links to both Stratford – the nearest high-speed station to central London – and Tottenham Hale – which provides fast connections to Stansted Airport, with journey times of five minutes from Lea Bridge to each station.
Building work has started on-site. The scheme is funded with £5 million from the council, £1.1 million from the Department for Transport’s New Stations Fund and £5.5 million from Section 106 contributions.
The building will house two new platforms, a new footbridge and lifts, station canopy, ticket vending machines, Oyster readers, waiting shelters, help points and cycle storage for anyone getting there by bicycle.
Councillor Chris Robbins, leader of Waltham Forest Council, said: “Lea Bridge Station will really help open Leyton up for growth, giving the area better and faster links to some of London’s crucial transport hubs, and making it a more attractive prospect for developers, businesses and residents.”
“For years it’s been a project we have committed to making happen, and going forward it will form the centrepiece of wider plans to rejuvenate the area and create a new Leyton village, spurring even more regeneration and change.”
“Developers are already seeing the potential Leyton has to offer, helping to establish our little corner of London as a real contender as a place to do business, as well as somewhere to buy a home and raise a young family.”
According to Transport for London estimates, the new station will be used by 352,000 passengers a year by 2031.
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