Last week, the London Enterprise Panel approved the London Legacy Corporation’s proposals to upgrade Hackney Wick station in a scheme worth £8.5 million.
It is one of four projects to receive money from a £40 million fund aimed at regenerating areas and supporting businesses across the capital. The other projects to receive backing are the development of a new research laboratory in Hayes; a new initiative in Camden aimed at supporting entrepreneurs; and a new Londonwide recruitment agency focusing on the financial and business services sectors.
Improvements to Hackney Wick station will rejuvenate the station, open up access to the town centre, improve accessibility to the station, and will reduce journey times between the station and the neighbouring business and residential areas on the Queen Elizabeth Olympic Park. This will bring with it huge economic benefits to the London Borough of Hackney and neighbouring areas – with new jobs being created on the iCity development and up to 6,000 new homes being built.
I welcome the upgrade of Hackney Wick station, which is something that I, together with my colleagues at Hackney Borough Council – Mayor Jules Pipe and Cllr Guy Nicholson – have been calling for for a long time.
I pay tribute to Mayor Pipe and Cllr Nicholson for all their hard work in trying to get Hackney Wick station upgraded over a number of years, and thank the London Legacy Corporation and London Enterprise Panel for making this a reality.