The extension will take the line out to Lewisham via Old Kent Road
Transport for London has unveiled detailed plans for the Bakerloo line extension as it begins a consultation period on them.
The plans will see the tube line extended out beyond Elephant & Castle to Lewisham via Old Kent Road and New Cross Gate.
Four new stations are being proposed along the new route, including two stations along Old Kent Road, one at New Cross Gate providing an interchange with London Overground and National Rail services, and one at Lewisham, providing an interchange with the DLR and National Rail services.
The proposals also set out the need for upgrade works to the Bakerloo line at Elephant & Castle to increase capacity.
TfL said this route had been chosen as the preferred option as it provides the greatest regeneration opportunities, and the best case for maximising new homes and jobs.
The London transport body added that it was aiming to submit an application for planning powers by 2020 and that the updated plans brought forward the completion date of the extension by two years to 2028/29 bringing it into alignment with the timetable for the upgrade of the Bakerloo line.
Meanwhile, the mayor of London and TfL said they remained committed to delivering a second phase of the extension beyond Lewisham, and that work is continuing to build a case for a second phase.
TfL said a tube train could run every two to three minutes between Lewisham and central London, adding that the extension would support growth in the South East and in working with Lewisham and Southwark Councils could create at least 25,000 new homes and 5,000 new jobs.
The public consultation will run until 21st April and further information about the consultation and the questionnaire can be found at www.tfl.gov.uk/bakerloo-extension.
Sadiq Khan, mayor of London, said: 鈥淚鈥檓 delighted that we鈥檙e pushing ahead with the Bakerloo line extension two years earlier than originally planned.
鈥淭he extension also has huge potential for new jobs and 25,000 new homes in the area, helping fulfil our ambition to tackle London鈥檚 housing crisis and provide a substantial boost to the local economy.鈥�
Alex Williams, TfL鈥檚 acting managing director of planning, said: 鈥淟ondon continues to grow and we need to ensure transport has the capacity to accommodate this growth. The Bakerloo line extension plays an important part in these plans, improving connectivity for an area under-served by public transport where there is potential to support 25,000 new homes and 5,000 new jobs.鈥�
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