The report, entitled ‘The impact of Crossrail on visitor numbers in Central London’, has identified that Crossrail could well deliver significantly more passengers to the heart of the capital than previously estimated.
Arup’s report, which was funded by and prepared at the request of the three neighbouring Business Improvement Districts (BIDS) – The Fitzrovia Partnership, the New West End Company, and inmidtown – was released on January 21. Other contributors included City Of Westminster, London Borough of Camden, Transport for London and Crossrail Ltd.
Arup, which is a Fitzrovia Partnership BID Member, was commissioned to undertake the study in order to help businesses, local authorities and other organisations revisit and plan for the likely impacts and opportunities that Crossrail may bring to central London. The report revisits previous projections that were used for the Crossrail Hybrid Bill (2004).
Driven by population and employment growth in London and the South East, the report reveals that Bond Street, Tottenham Court Road and Farringdon stations could be serving as many as 250 million visitors into and out of Central London by 2026. This figure represents 65 million more passengers than the 2004 estimates suggested. On an annual basis, this is equivalent to some 166 million additional passengers than use the three stations today.
The report breaks down the figures further to explain that Crossrail visitor numbers for Tottenham Court Road are forecast to be highest during the weekday evening peak, when it is projected some 37,000 people will enter/exit the station during this time. With weekday morning demand being projected at an 83% increase, Crossrail will boost the number of Londoners within a 45 minute journey travel time of Fitzrovia by 22%. This is a dramatic extension of its retail audience. In addition, it is estimated that the completion of Crossrail and other new developments could lead to an 18% uplift in annual spend by residents of this newly expanded catchment area. That equates to £2,997 million.
The Fitzrovia Partnership with Arup has worked together with London Borough of Camden and other partners to ensure that the people who work, live and visit the area are prepared for the impact that this could have – particularly on Tottenham Court Road station and the surrounding area.
You can view the BBC’s London Today news report live from Tottenham Court Road (22/01/14) here.
The report is now available to download here.