Boris Johnson, the mayor of London, has confirmed that work will start this summer on a cable car across the Thames, helping to boost the regeneration of east London.
Designed by Wilkinson Eyre, the cable car will be built and operated by lead contractor Mace, which will operate it for three years. The company will work with cable-car specialist Dopplemayr, as well as Watson Steel, URS Scott Wilson, Buro Happold and Aedas, on the project.
The cable car will span the Thames, connecting the Greenwich Peninsula and the O2 with the Royal Victoria Docks and the ExCeL, providing a much-needed river crossing in the area.
Mace has delivered a range of other projects, including the London Eye. Presently, the company is constructing the Shard Tower in London and is involved in a consortium to deliver the London 2012 Olympic and Paralympic Stadium.
Transport for London (TfL) is striving to deliver the scheme before the London Olympic and Paralympic Games, although this remains an extremely challenging timeline for a complex project.
TfL has also announced the start of a competitive process for commercial partners who want to invest in the scheme in return for the rights to associated commercial sponsorship opportunities, including naming rights and branding options. In the interim, TfL will provide upfront funding for the cable car.