In July 2017, South Bank BID hosted a briefing event for local businesses in South Bank and Waterloo. Over 80 people came to hear TfL and Lambeth Council talk about their proposals for the changes to Waterloo Roundabout and Waterloo Road. The proposals will see the pedestrianisation of the south-western arm of the Waterloo roundabout to create a new public space, an improved bus station and segregated cycle lanes. Two-way traffic would be re-instated around the junction, while pedestrians will benefit from widened footways on Waterloo Road and relocated crossings.
Following the public consultation that ended on 20 August, TfL and Lambeth Council has now published their report, the link to which is here
The report states that the proposed changes – part of the Mayor of London’s initiative called Healthy Streets – were backed by 55 per cent of the 1,629 respondents, and will improve the environment for pedestrians, residents and commuters by making the area healthier, safer and more welcoming, whilst also creating a ‘new, high-quality, traffic-free, green public space to become a focal point for Waterloo supporting the civic and cultural life of the area’.
Mayor Sadiq Khan and Lambeth Council have confirmed that the £25m proposals to regenerate and transform Waterloo Roundabout and Waterloo Road are planned to start in early 2020, continuing for a period of up to eighteen months.
South Bank BID is aware that there are a number of design issues that remain a concern for businesses and other stakeholders, and we are committed to working closely with TFL and Lambeth Council to resolve these for the benefit of those that work in the area. We will continue to update South Bank BID levy payers on progress made.