Crossrail Delay November 2019 Update

Cautionary words ‘mind the gap’ are usually associated with the distance between a train and the platform. In this article they allude to the growing distance between the scheduled and currently predicted completion dates for the Elizabeth Line. The Crossrail project launched in December 2018 and was initially expected to fully open in 2019. However, a further delay was announced last week which now sees completion and full handover set back to 2021.

Mark Wild the Chief Executive of Crossrail released a statement on the 8th November confirming the delay along with a progress report and mitigation for the new and delayed timescale. We are quoting his comments below and you can read the full update here, there is another update promised by Crossrail in early 2020.

“The Crossrail project has made good progress over recent months as the new plan to complete the Elizabeth line is implemented by the supply chain. A key focus during 2019 has been finalising the stations, tunnels, portals and shafts. By the end of the year, Custom House, Farringdon and Tottenham Court Road stations will be complete and the project is on track to finish fit-out of the tunnels in January. The central section will be substantially complete by the end of the first quarter in 2020, except for Bond Street and Whitechapel stations where work will continue."

“The two critical paths for the project remain software development for the signalling and train systems, and the complex assurance and handover process for the railway; both involve safety certification for the Elizabeth line. These must be done to the highest quality standards to ensure reliability of the railway from day one of passenger service."

“Crossrail Ltd will need further time to complete software development for the signalling and train systems and the safety approvals process for the railway. The Trial Running phase will begin at the earliest opportunity in 2020, this will be followed by testing of the operational railway to ensure it is safe and reliable."

“Our latest assessment is that the opening of the central section will not occur in 2020, which was the first part of our previously declared opening window. The Elizabeth line will open as soon as practically possible in 2021. We will provide Londoners with further certainty about when the Elizabeth line will open early in 2020."

"Our detailed cost forecasts continue to show that the project’s costs will increase due to programme risks and uncertainties. The latest projections indicate a range of between £400 million to £650 million more than the revised funding agreed by the Mayor, Government and Transport for London in December 2018."

“We are doing everything we can to complete the Elizabeth line as quickly as we can but there are no short-cuts to delivering this hugely complex railway. The Elizabeth line must be completed to the highest safety and quality standards.”

Our offices cover many areas that will benefit from these new stations along with the services they will offer and we’ve previously written about the benefits of the Crossrail project. Many of the new stations are in regeneration areas receiving masses of investment in local services and town centres making them appealing for many different reasons.

Therefore, our offices in South East London & Kent, Canary Wharf & Docklands and East London & Essex see high levels of activity from those looking to buy, sell, let or rent property in the surrounding areas. Book your free valuation & market appraisal or view properties for sale and for rent, we look forward to hearing from you.

Written by Alex Neil

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