Laing O'Rourke and Costain JV wins London's Bond Street redevelopment

The Laing O'Rourke/Costain joint venture (JV) has won the UK£ 300 million (€ 362 million) contract to redevelop London's Bond Street tube station for Transport for London (TfL).

In a statement TfL said construction of the station, seen as key part of preparations for the planned adjacent Crossrail station, will start in 2011 next year, with completion planned for 2017.

This is the third contract awarded by TfL this year. TfL awarded the UK£ 500 million (€ 602 million) contract for the redevelopment of Tottenham Court Road Tube station to Taylor Woodrow Construction and BAM Nuttall Limited.

This was followed by the UK£ 700 million (€ 843 million) contract for the redevelopment of Victoria station to Taylor Woodrow Construction and BAM Nuttall Limited Joint Venture in March 2010.

When completed in 2017, TfL say the redevelopment will transform the station delivering:

• A dramatic increase in station capacity ahead of the completion of Crossrail
• A new entrance and ticket hall north of Oxford Street to increase capacity and provide step free access to both the Central and Jubilee lines
• New escalators and an additional access route to the Jubilee line to reduce congestion
• An improved interchange between Central and Jubilee lines
• Step free access to the new Crossrail station
• Improved pedestrian areas around the station with new seating and lighting