Property News · August 18, 2022

How Transport for London plans to build 20,000 new homes


Responsible mainly for public transport, TfL is also the capital’s third biggest landlordGraeme Craig is poring over plans for one of London’s biggest new housing developments. The models show a mix of low and high rise buildings, 4,500 homes, alongside cultural venues and parks, which will rise from the rubble of the now demolished Earls Court exhibition centre. Craig runs Transport for London’s property arm – he was appointed its first commercial director more than a decade ago. TfL’s day job is running the capital’s bus and underground network, but it has held on to its land, and 22 years after its creation it remains the third biggest landowner in the capital, after the emirate of Qatar and the mayor of London. It could soon be one of its biggest housing developers too. Continue reading…

Source : theguardian.com
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