Volterra Estimate Northern Line Extension Worth Billions in Growth
Volterra was in the news in February following the publication of our report for TfL and Wandsworth and Lambeth Councils investigating the economic benefits of the Northern Line Extension (NLE) to Nine Elms. We estimate that the money spent delivering the NLE will be repaid between three and nine times over through increased economic outputs and increased foreign investment. A fully developed Nine Elms would provide up to 25,000 new jobs, 16,000 new homes and £4.5 billion in additional tax revenue for the exchequer. Read the press release here and the report here.