This week marked the completion of a significant renovation at Bank Underground station in London, with the opening of its new ticket hall on Cannon Street.

The project, which began in 2016 and cost £700m, has increased the station's capacity by 40 per cent and included several new features to improve accessibility and ease of use for customers.

London Mayor Sadiq Khan attended the opening ceremony on Monday, 27 February, to commemorate the completion of this complex construction project.

Bank and Monument, two of London's busiest interchange stations on the Tube network, serve five Underground lines and the DLR. According to Transport for London (TfL), more than 100,000 interchanges are made at the station on a typical weekday as passengers change between lines, and approximately 145,000 entries and exits are made at the ticket gates.

Following the completion of the Bank Station Capacity Upgrade, the two stations now boast five ticket halls, 10 platforms, and nine lifts, further enhancing accessibility and convenience for passengers. With the addition of 31 escalators, Bank station now holds the distinction of having the most escalators of any station on the Tube network.

Sadiq Khan, Mayor of London, commented: "These extensive works have transformed Bank station into a world-class station, fit to serve a financial district of international renown. Londoners can now benefit from a station with 40 per cent increased capacity, a brand-new entrance on Cannon Street and two new lifts which will deliver step-free access to the Northern Line for the first time.  

"London's Tube network is key to the capital's wider economic recovery. These updates to Bank station are just one of the ways I am continually improving London's transport network to build a safer, more accessible and more prosperous city for all Londoners." 

Andy Lord, London's Transport Commissioner, added: "The completion of this major upgrade of one of the Tube network's busiest interchanges is a hugely important moment for the Square Mile, which is now served by a modern, accessible station with vastly improved capacity. Customers have already told us how the new interchanges are making their journeys quicker and easier, and the new entrance on Cannon Street is set to further improve the passenger experience. It's a great reminder of how investment in our Tube network, which celebrates its 160th birthday this year, supports the growth and success of the capital and wider country, and is playing a pivotal role in helping London continue to recover from the pandemic." 

Chris Hayward, Policy Chairman at The City of London Corporation, commented: "I'm delighted to see the major upgrade of Bank station is now complete with the opening of the Cannon Street station entrance. 

"These upgrades will provide further step-free access, deliver 40% more capacity and shorten Londoners overall commuting time. 

"With the number of passengers, footfall and demand steadily returning to the City, continued investment into our public transport will be crucial for the Square Mile's and London's economic growth." 

Back to Bank Over Station Development.

Photo: City A.M. on Bakerloo line tube 28.02.2023 cityam.com