Construction works for the London’s new cable cargot underway today.
Work has now begun on both sides of the river on the two stations passengers will be using for the cable car; this includes piling to support the construction of the building foundations.
Pile installation for the new North Station in the Royal Victoria Dock is taking place from a barge rig moored in the dock and on the Greenwich Peninsula for the South Station. Work in the river is also progressing to probe for obstructions prior to the river piling.
The new transport link aims to give a “once-in-a-lifetime” boost to the economic regeneration of east London and provide an “essential addition to a newly created Enterprise Zone”, said a statment from Transport for London (TfL). The scheme will provide a quicker link between the O2 and ExCeL – two of the biggest entertainment and exhibition venues in Europe, cutting travel times to five minutes.
Scheduled for completion in summer 2012 the airborne link will provide spectacular views across the Thames and a new and unique addition to London’s transport network for thousands of commuters and visitors to London.
TfL is funding the £50.5M upfront costs for the cable car and will recoup its costs from a range of sources including the appointed commercial partner, fare revenue and advertising. As part of this process, TfL opened an Invitation to Tender for sponsors in June 2011. The tender closes next week (mid July) and the winning partner is expected to be announced later this year.
Mace is heading up construction of the scheme for TfL.