PICCADILLY LINE EXTENSION FROM HOLBORN TO PECKHAM

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The Aldwych spur from Holborn was originally conceived to be extended south of the river. As with so many schemes it never came to fruition and the service to Aldwych operated as a single track shuttle until closure in the 1990s (despite having twin tunnels). Some modification of Holborn would be necessary and this could be run as a spur of the Piccadilly line with trains direct from Cockfosters or be a self-contained line terminating at Holborn.

Aside from connecting Peckham to the network this would usefully serve the major development area around Elephant & Castle, serving not just Elephant & Castle but also Walworth Road, some way north of the proposed Thameslink station. A new station on the South Bank opens up access to major leisure facilities there.

Estimated cost to Madrid Metro specs 273m Euros; to JLE specs £1.4bn