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Journey delays give Elephant & Castle makeover a negative BCR

PUBLIC REALM

Andrew Forster
23 January 2015
Elephant & Castle: public realm improvements
Elephant & Castle: public realm improvements

 

A SCHEME to transform the northern roundabout at Elephant & Castle in south London into a pedestrian-friendly environment has a negative benefit:cost ratio because the monetised delays to vehicles, cyclists and pedestrians outweigh the monetised benefits. 

Transport for London and the London Borough of Southwark are pressing ahead with the project, however, with TfL saying the scheme has a strong “qualitative business case”. 

Elephant & Castle’s northern...

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