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London Infrastructure Plan 2050

London Infrastructure Plan 2050. Sir Edward Lister Chief of Staff and Deputy Mayor for Planning and Policy. WHY A LONG TERM INFRASTRUCTURE PLAN: population growth. POPULATION (MILLIONS}. 14 1a. High. 1 3 . 4 million. 12. Central. 11.3 mil l i on. 10 g. Low. 9.5 million. g. 'l.

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London Infrastructure Plan 2050

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  1. London Infrastructure Plan 2050 Sir Edward Lister Chief of Staff and Deputy Mayor for Planning and Policy

  2. WHY A LONG TERM INFRASTRUCTURE PLAN: • population growth POPULATION (MILLIONS} 14 1a High 13.4million 12 Central 11.3million 10 g Low 9.5million g 'l 8 5 4 a tQBO 1900 1920 1940 1980 1990 11100 1Q20 1040 11160 2000 2020 2040 2080

  3. WHY A LONG TERM INFRASTRUCTURE PLAN: Announce to the world that London is the best place to do business With a million more people in London in the next decade, by 2031 we will need: • 34,900 more homes: likely to be higher • 1.3m - 2.2m sqft of office space in central London alone • 1.3m - 2.2 m sqft of comparison retail space • 40,000 more hotel bedrooms

  4. WHY A LONG TERM INFRASTRUCTURE PLAN: significant economic opportunity but ferocious competition

  5. London’s infrastructure is a competitive risk Connectivity Aviation Congestion Housing Spaceforwalkingandcycling

  6. WHAT DOES LONDON NEED?

  7. INFRASTRUCTURE PLAN AIMS “Present recommendations and actions to ensure London’s infrastructure requirements to 2050 are articulated, costed and funding arrangements are in place (as far as possible). Demonstrate to the Government, Londoners and investors that infrastructure is a key priority and that London has a clear plan to meet the demands of its growing population and remain a leading world city. Ensure the London Infrastructure Plan is supported and deliverable, through active involvement of key stakeholders. Provide the Mayor and other London leaders with the information to understand and critically appraise London’s infrastructure delivery”

  8. FOUR CRITICAL QUESTIONS

  9. OVERALL

  10. KEY FINDINGS

  11. TRANSPORT (1) Enable36 trains perhouracross theJubilee, Piccadilly, Northern and Centralline Transformnational commuterrailnetwork throughjointinvestment withNetworkRail (£15-20bn) Tubeinvestment£15-18bn Crowdinglevelson thetube network2031 Further‘Crossrails’ startingwith Crossrail2by2030 andincreasing frequencyof Crossrail1trains (£23-30bn) Bakerloo line extension

  12. TRANSPORT (2) Aseriesofnewriver crossingsin eastLondontoovercomethe major barriereffectconstrainingthe potentialofthis region(£1-2bn) Acomprehensive networkofhighquality cycleandpedestrian routes(£2-4bn) Anewinnerorbital tooledtunneland seriesofmini-tunnels anddeckingoverto helptransformplaces acrossthecity(£15- 25bn) Acongestion-bustingprogrammeto supportnetwork functioningforessentialjourneys(£2-5bn)

  13. GREEN THE ALLLONDONGREENGRID FRAMEWORKPLAN ··•Siiateg-c corridOfs Slrategcinlls Metropcl:mparkopportunlttea -?" Regiona1parkopporluntties e Regionalparks e Metropolitan !)3tks Dtstriclparks loc;alparks&.openspactts Other/pnvatespaces ·---·StrategcW3kingroutesStrategccyclmgroutes Sautee.Gre•1:erl.DndonAuthan1J'

  14. DIGITAL CONNECTIVITY Before2020s…andbeyond Fibreandwirelessaccess tothe internet Toenable newideas

  15. ENERGY Moreinvestmentin locallyproducedenergy (£300millioninthe pipeline)

  16. WATER Sewage Expecteda deficitinwater supplyofover halfabillion litres adayby 2050 Flooddefence About16%of Londonis built onthe protectedflood plainsofour rivers that holdscritical infrastructure. More investmentis neededin flood defencesthat cancopewith climate changesand agingexisting infrastructure defences.

  17. WASTE: create facilities to re-use and recycle

  18. NEXT STEPS

  19. SPATIALSCENARIOS Increasingdensitiesin locations withgoodpublicaccess. Assumingcurrentpoliciescontinue Increasingdensitiesat town Accommodatingpopulation outside London centres.

  20. BETTER DELIVERY • Innovation and growth to be at the centre of our work • A new Infrastructure Delivery Group • Work to gain cross party support and commitment to London’s infrastructure projects • Reforms to the regulatory systems (energy, water and ICT) to enable delivery ahead of demand, innovation and transparency • Fiscal devolution

  21. COSTS BILLIONS ESTIMATE Ourbestcostestimates tomeetallourinfrastructure needswouldalmostdoubleexpenditureasaproportion of the economy. Housing and transport make up three quarters of the total costs %OFGVA 250 tOI!E. 200 150 OVERALLCAPITALEXPENDITURE Population2050of11.3mJIIion,constructioncostinllation of211E>perannumabove RPI, pobcyaspmltionsareacnieved •Schools tOO •Energy •Digitalconneclivity Transport • Housing Waste • 50 211b Greeninfrasuucurre Water tllb -Capex asqaofGVA 0 Ollb Sll'urae:Amp 2016-20 2021-2.5 2026 -30 2031-35 2036-40 2041-45 2011-15 2046-50

  22. FOR IT PAYING Suchalevelofinvestmentcannot besustaineddoingthingsinthetraditionalway. INCOMEFROMCENTRAL GOVERNMENTGRANTS Weneeda combination ofbettercoordination andintegration,betterassetutilisation,moreuseofdata andprivatecapital. london:66'1b NewYork:30.9% Tokyo:7.7'1b Morespendingpowers for Londonwillbekey. FISCALDEVOLUTION UPLIFTINPROPERTY VALUES ADDITIONALREVENUES BETTERUSEOF OURDATA BETTERINTEGRATIONANDCOORDINATION PROCUREMENT PRIVATE CAPITAL

  23. YOUR INPUT

  24. KEY CONSULTATION QUESTIONS: Do you agree we should have a long term plan? Our stated requirements - any unnecessary? Anything else? Funding – how can we close the gap? What more in addition to the Delivery Board to ensure best practice, joined up delivery? Where w ill London’s growth best be accommodated? Amend incentives for utility providers to share costs more equitably? How to do this? Approach to technological change? Which innovations? How to change behaviours to reduce demand? And various sector specific questions

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