20

The Department told us that Crossrail had completed a property and regeneration study looking at...

Conclusion
The Department told us that Crossrail had completed a property and regeneration study looking at 2008 to 2016 which identified some 90,000 homes and four million square feet of office space resulting from Crossrail. It also noted plans in place for 12 major developments around the Elizabeth line stations and Crossrail sites, such as 3,700 new homes at the Royal Arsenal site in Woolwich. The Department said it would do formal evaluations of Crossrail at two year and five year stages, and has set a baseline against which to measure some benefits.55 47 C&AG’s Report, Crossrail, Session 2013–14, HC 965, 24 January 2014, Figure 2 48 C&AG’s Report, para 10 49 Qq 10, 16 50 Q 75 51 C&AG’s Report, paras 4.2, 4.13. 52 Q 75 53 Q 72 54 Q 70 55 Q 74 14 Crossrail: A progress update
Government Response

A response document is linked to this report, dated 21 January 2022. Response attribution to this conclusion has not been verified. Read the response document.

Addressee Bodies
HM Treasury
Timeline
Recommendation age 4.9 yrs
Report published 29 Oct 2021