Regeneration

crossrail external affairs

Crossrail’s regeneration impact is a key contributor to the wider economic benefits of the scheme.  During the detailed development phase we undertook two studies to investigate and evaluate that impact and strengthen the case for the project.

The Property Impact Study in 2012 evaluated market activity in and around our station sites and concluded that  Crossrail could help create £5.5 billion in added value to residential and commercial real estate along the route between 2012 and 2021.

In 2014 the Development Pipeline Study was published, reporting how Crossrail was cited as a justification for development by 41% of planning applications within 1km of a Crossrail station.

These two reports have provided valuable insights into Crossrail’s broader impact on the wider property market along our line of route and it is intended to publish follow-up research as the programme draws toward completion.

Regeneration documents:

Summary Publication date Document Type

Development Pipeline Study

Topic area: Regeneration

The Development Pipeline Study was commissioned to identify major planning activity around stations and establish a baseline for future work to understand the role the line plays in supporting and enhancing growth and regeneration across London and the South East. It will be of interest to major project sponsor and cli...

03/03/2014 Good Practice Document

Property Impact Study

Topic area: Regeneration

The Property Impact Study was commissioned to understand the property market benefits arising in terms of market activity, value uplift and the development opportunities that Crossrail will create, unlock and support. It will be of interest to major project sponsor and client organisations wishing to demonstrate the re...

01/10/2012 Good Practice Document