Transport for London (TfL) has confirmed that the cost of acquiring land for the Crossrail 2 project is likely to increase. Crossrail 2 safeguarding costs are expected to rise due to gaps in current protections.

Recent reports highlight concerns about sections of the proposed route. Some areas remain at risk because safeguarding measures do not cover all required land. This lack of protection could allow development to take place. As a result, Crossrail 2 safeguarding costs may increase if TfL must buy the land later.

Safeguarding is a formal process carried out by the Department for Transport (DfT). It protects land needed for major infrastructure projects. Without it, developers can build on land that may later be required. This can significantly increase acquisition costs.

TfL had planned to update safeguarding measures after a new round of public consultation. This was originally scheduled for early 2018. However, the process has been delayed. It is now expected in the first quarter of 2019. This delay will push back the Hybrid Bill submission. It is now likely to move from May 2020 to the early 2020s.

Kinney Green continues to monitor developments related to Crossrail 2. The firm is updating landowners and businesses that may be affected. For further information, please contact Neil Warwick.