Transport secretary Patrick McLoughlin has given the green light to plans to upgrade Bank Underground station in London.
McLoughlin granted planning permission for the capacity upgrade scheme, which includes building a new southbound running tunnel and platform.
Spanish contractor Dragados won the contract to carry out the project – expected to cost in the region of £500M – back in 2013.
McLoughlin acted in line with a recommendation from the planning inspector that permission be granted for the scheme subject to certain conditions.
A letter on behalf of McLoughlin said: “The secretary of state… agrees with the inspector that there is a pressing need to upgrade Bank Station to enable it to continue to support growth and investment in the City, to accommodate forecast increases in passenger numbers, and to meet modern day standards of accessibility and safety.
“He notes in this context that the need for the scheme was undisputed at the inquiry and that there has been an exceptional level of support for the scheme, with no objection to the principle.”
Dragados project director Danny Duggan said work would start in the spring.
“The successful management, submission and recent determination of our Transport Works Act Order for the Bank Station capacity upgrade project is a testament to the collaboration between London Underground, Dragados and all of our embedded suppliers in supporting this vital deliverable for the project,” added Duggan.
“Having both our design and construction suppliers on board early in the project development has supported key stakeholder dialogue not always available in more traditionally procured infrastructure projects.”