TfL hangs hopes on Â£25m cable car link from Excel to O2
06-Jul-10by Annie Byrne
Transport for London has unveiled plans for the UK’s first urban cable car which will link the O2 to Excel London as part of a £25m project.The proposals, which are currently under public consultation in collaboration with the London Development Agency (LDA), include a privately-funded, fully accessible cable car for pedestrians and cyclists which would cut travel times between the two major venues, and be open ahead of the 2012 Games.The cable car could provide a crossing every 30 seconds carrying up to 2,500 passengers an hour in each direction, equivalent to the capacity of 50 buses. Mayor of London, Boris Johnson, says of the scheme: “A cable car spanning the majestic Thames would not only provide a unique and pioneering addition to London's skyline, but also offer a serene and joyful journey across the river. “It would also provide a much needed enhancement of cross-river options to the east of the city."The aim is to fund the construction of the scheme entirely from private finance, and discussions are ongoing with a number of private sector organisations that have expressed interest in the project, according to Johnson.