£4bn Project To Improve London Roads Confirmed
The office for the Mayor of London has confirmed plans to allocate £4 billion to revamp roads in the capital as part of the largest investment the city has seen in its road and street network for years.
The roads included in the upgrade plans are Croydon Fiveways, Balham High Road, Brent Cross, Charlie Brown's Roundabout, Euston Road, Lombard Roundabout; London Road Roundabout, Malden Rushett, Mill Hill Circus, Purley Cross Gyratory, Barking Riverside, Seven Sisters Road, Stoke Newington Gyratory, Thornton Heath Ponds, Trinity Road, Tulse Hill Gyratory and Victoria Circus.
The project will be implemented in response to the Mayor's Task Force report published in mid-2013, which called for reducing congestion levels in the capital and adopting a "smarter design" of roads and public amenities across London.
The programme also envisions the launch of more buses, as well as cycling and walking routes that will help improve the safety of cyclists and pedestrians.
Mayor Boris Johnson says that he hopes the transformation will ensure that the capital remains "the best city to live, work or invest."
The project comes after the mayor announced last month a planned £300 million investment in the overhaul of 33 junctions across London, where over 250 pedestrians and cyclists have been involved in fatal accidents over the past three years.
The money for these projects will be provided by the Transport for London (TfL) Business Plan and third party investors. The plans will also see major changes to the city's infrastructure, with the redevelopment of the northern roundabout at Elephant and Castle being one of the key schemes covered.
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