Transport for London ( TfL ) has secured the services of 13 property developers and consortiums , including The British Land Company and The Berkeley Group , as part of its new multi - billion pound Property Partnership strategy . The initiative aims to develop over 50 sites across the capital to provide thousands of new affordable homes , commercial developments and job opportunities for London residents . It also forms part of transit 's wider plans to generate £ 3.4bn in non - fares commercial revenue by 2023 for re - investment back into London 's transport network . Planning applications have already been submitted for three sites at Nine Elms , Northwood and Parsons Green , which are expected to cost a total of £ 100 m .
Transport for London (TfL) has procured the services of 13 property developers and consortiums, including The British Land Company and The Berkeley Group, as part of its new multi-billion pound Property Partnership Programme. The initiative aims to develop over 50 sites across the capital to provide thousands of new affordable homes, commercial spaces and job opportunities for London residents. It also forms part of TfL's wider plans to generate £3.4bn in non-fares commercial revenue by 2023 for re-investment back into London's transport network. Planning applications have already been submitted for three sites at Nine Elms, Northwood and Parsons Green, which are expected to generate a total of £100m.