Transport for London (TfL) could raise £500m through a set of huge developments which could go towards improving transport in the capital. TFL have proposed a ‘huge programme of retail, commercial and residential developments’ on a number of proposed Elizabeth line stations in the city.

The announcement will form part of the discussions at our London Public Estates Conference in June, where we’ll be hearing from Head of Property Development at TfL – Peter Elliott. He’ll be joined by Network Rail, Old Oak Park Royal Development Corporation, Houses of Parliament and One Public Estate.

Agreements have already been signed for developments above Bond Street and Farringdon station, whilst the recently upgraded Tottenham Court Road is seeing further improvements with the eastern ticket hall being handed over to a developer to create office and retail space as well as a new theatre. Planning permission has already been granted for the 285,000 sq ft project that encompasses 209,000 sq ft of offices, 36,000 sq ft of retail and 40,000 sq ft for the ‘first new West End Theatre’ in a generation.

Elizabeth line stations are also set for some major property developments – with 12 major plans currently in place. That includes more than three million square feet of high quality office, retail and residential space between Paddington in the west a Woolwich in the east.

A spokesperson for Transport for London said: ”The Elizabeth line is set to redefine travel across our city and it is fantastic to see the sites above some of the major central London stations progressing. These schemes will result in income of around £500m and this will be reinvested in modernising and improving the transport network.”

Join us at the London Public Estates Conference to hear more about the exciting plans. Speaker Peter Elliott is involved in the planning and development of commercial, residential and retail above London’s transport hubs and he’ll be giving a fantastic overview of these and many more plans in the capital.