The announcement of an extension of London Underground’s Northern Line to the Battersea and Nine Elms aims to bring thousands of new homes and jobs to the Wandsworth area.
The project is anticipated to come in at a cost of £1bn, funded by developments in the area, and the new stations could open by 2019.
The extension will give Nine Elms Zone One status and help relieve pressure on the transport network in Wandsworth.
Richard Threlfall, head of infrastructure, building and construction at KPMG UK, said this was the first time in generations the UK had a strong pipeline of construction and infrastructure projects to reinvigorate the economy.
Mayor of London Boris Johnson has highlighted 33 key development areas across the city, with £1.35bn of funding also recently secured to continue the £8bn transformation of Battersea.