Oxford Street property deals set to reach £1bn by end of this year June 17, 2015 The revamp of the eastern end of Oxford Street and the imminent arrival of Crossrail has sparked a flurry of property deals this year, with investors flocking to get a slice of London’s busiest shopping street. According to CBRE, seven record-breaking transactions totalling £645m have taken place since January, of which five were undertaken off-market. [...]
Crossrail programme turns its hand to Southall June 12, 2015 Commuters using Southall Station can now look forward to a brand new building, as Ealing Council has approved new design proposals for the station. Work on the project, which is part of the Crossrail programme, is due to begin this summer and is expected to last for around two years. Crossrail announced the [...]
Leaving London: Is moving out of the Big Smoke good value for money? The pros and cons June 11, 2015 With London homes so expensive, more people than ever are thinking of escaping to the country. But is it all it’s cracked up to be? We’ve teamed up with the help of property agent Savills to challenge the assumption that you’ll get better value for your money buying outside the capital. For some, the [...]
Cameron in high-vis at crossrail ceremony June 4, 2015 Prime Minister David Cameron and mayor of London Boris Johnson were on hand in their high-vis suits yesterday for a Crossrail “break through” ceremony under Farringdon station. The ceremony marked the end of a three-year effort to dig tunnels for London’s forthcoming new Crossrail system. Johnson called the completion “a landmark event”.
Tunneling for Crossrail has finally finished – Boris Johnson and David Cameron were there for the big break through June 4, 2015 After three years of literally earth-moving work, tunneling for London's largest ever infrastructure project has finally finished – with a ceremony for the final "break through" under Farringdon station. David Cameron and Boris Johnson were there for the break through on the railway, which will run east to west through London when it opens in [...]
The Crossrail effect: Fares between Liverpool Street and Shenfield cut by up to 40pc as TfL Rail takes £5m hit May 26, 2015 Essex commuters will be the first to benefit from London’s Crossrail train service, with fare cuts of up to 40 per cent introduced this weekend. Although the east-west London line will not be travelling through the capital’s newly-dug tunnels until 2019, some services between Liverpool Street and Shenfield will be run as TfL Rail from [...]
Watch: Crossrail engineers destroy Abbey Wood station May 22, 2015 Network Rail engineers have destroyed the Abbey Wood station as part of the Crossrail development that is expected to “transform services” in the local area. The station was opened in May 1987 but it has been removed to make way for a “landmark” station being built by Network Rail. The new design includes a [...]
How the new Canary Wharf is sailing into the 21st century: With Crossrail Place gardens completed, the East End finance hub marks another milestone May 7, 2015 Canary Wharf has been a centre of upheaval for the last 30 years, and it has no intention of standing still now. It’s already renowned as one of London’s biggest financial hubs but it has also established itself as a shopping, dining and entertainment destination. By the end of the year, it will add “residential [...]
Why Crossrail risks being London’s last major infrastructure project May 5, 2015 It is difficult to believe that it was half a decade ago that Liam Byrne – a Treasury minister in Gordon Brown’s government – left that infamous note for his successor. It apparently read, “Dear chief secretary, I’m afraid there is no money left… Good luck.” Of course, Byrne was only half right. Since 2010, [...]
Crossrail place to open today April 30, 2015 Today marks the opening of Crossrail Place at Canary Wharf, a seven storey structure designed by Foster & Partners, inspired by an old clipper that would have used the dock when it was a heaving maritime centre. Pictured above is the exotic roof garden, a public space created by landscape architects Gillespies which crowns the [...]