Crossrail set to boost city

Crossrail's main London stations will provide a significant focus for major office schemes, property experts have predicted.

The £16 billion east-west rail link, which was approved by the government last week, will have a big impact on the market, according to consultancy CB Richard Ellis.

Head of London research Kevin McCauley said: "As London planning policy is supportive of higher-density development at major transport interchanges, we can expect major office schemes to be proposed near the Bond Street and Tottenham Court Road stations."

Farringdon is likely to see growth as a key interchange between Crossrail and the upgraded Thameslink. Demand is also expected to grow in the Docklands because of the direct link to Heathrow Airport.


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