Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

TfL plans leaseback for 55 Broadway

03 February 2017
 

Transport for London is to offer a long leasehold for 55 Broadway and neighbouring buildings, above St James’ Park Tube station, which were built in 1929 to serve as London Transport’s headquarters. TfL considered selling the complex in 2010 for residential development but dropped the plan, partly because of the cost of removing operational equipment. It is now one of the lowest cost buildings in TfL’s office portfolio. In order to generate a capital receipt, TfL plans to...

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