The Mayor, alongside Wandsworth and Lambeth councils, released his draft strategy for the Vaxhaul/Nine Elms/Battersea area.
The strategy outlines plans to regenerate the area stretching from Battersea Park to Waterloo Bridge, including a new northern line station at Battersea, extra capacity at Battersea Park train station, and a dramatic increase in buses serving the area.
Also included are promises of new schools, libraries and churches, alongside 16,000 new homes and the creation of up to 25,000 jobs. A linear park will also be created to link Vauxhall and Battersea Power Station whilst a 'wobbly bridge' will link Vauxhall to Pimlico.
However, plans will not progress without several key projects falling into line - namely the Battersea Power Station redevelopment, the American Embassy's plans, and the New Covent Garden revamp. As the Londonist states, it's only the power station which is currently facing an uncertain future of the three. Businesses in the area will be exempted from the CrossRail levy in order encourage investment into the area.
Full plans for the draft strategy can be downloaded here.