Three companies have been shortlisted to bid to build the Barking Riverside overground extension, Transport for London has announced.
Balfour Beatty, Carillion or VolkerFitzpatrick/Morgan Sindall's joint venture will be selected to build the 4.5km lengthening of the Gospel Oak to Barking line to reach the site where 10,800 homes are being built.
A Transport and Works Act Order was submitted to the secretary of state for transport in March 2016. If it is approved, construction will begin in late 2017 with train services starting in 2021.
The £263 million extension will be mainly funded by Barking Riverside Limited, a joint venture between the Greater London Authority and London & Quadrant, providing £172 million towards the project. The rest will be provided by TfL.
The extended line will reach a new Barking Riverside station, located at the heart of the 180-ha new development, which will also provide the area with a promenade, wildlife reserves and a marina, along with shops, restaurants, community, healthcare and leisure facilities, public squares and schools.
TfL's director of London Rail Jonathan Fox said the extension was “key to regenerating this part of east London”.
“The London Overground network has helped regenerate other parts of London by providing a frequent, reliable and high standard rail services, and this rail extension will help Barking riverside to grow and develop.”
Network Rail is also working to electrify the Gospel Oak to Barking route, to replace the current two-carriage diesel trains with four-carriage electric vehicles from 2018.
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