Clients are always asking me "where is the next big area in which to buy investment property?" With that in mind, I think this is a very interesting article. Look at some of the areas below that may now have much better access to the other side of the Thames.
Mayor Boris Johnson has unveiled plans for 13 new London bridges and tunnels along the River Thames to unlock development sites.
The plan set out in a new report Connecting the Capital sets out plans for crossings from Fulham in the west to Dartford in the east.
Coinciding with its publication Transport for London also launched a consultation on two of the biggest proposed new Thames crossings in the east of London.
The first proposal is for a crossing at Gallions Reach to link Thamesmead and Beckton.
The second is for a crossing at Belvedere, linking Belvedere to Rainham.
Both are billed as multimodal crossing and at this stage could be either tunnels or major bridges offering a range of transport options.
The new London plan would increase the total number of river crossings by more than a third, and the number for pedestrian and cyclists by nearly 50%.
The Mayor of London, Boris Johnson MP, said: “Building a series of new bridges and tunnels across the Thames is essential for the future prosperity of our rapidly-growing city.
“By creating more links between the north and south of the river, we won’t just improve day-to-day travelling across the Capital, we’ll unlock areas for development and create thousands of jobs and homes.”
The majority will be in east London, where population growth will be highest – with over one third of London’s total population growth expected in the area.
Existing cross-river connections in east London are poor, with just three road crossings in the 23km between Tower Bridge and the M25, and just one bus route that crosses the river.
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