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More than 10,000 new homes are to be built at stations, depots and goods yards owned by Transport for London over the next decade under plans unveiled today.

Around 300 acres of land at 75 sites, mainly in zones one and two, will be used for the developments and raise around £1.1 billion for the public transport body.

Locations that have been ear-marked include Bermondsey tube station, where around 80 flats will be built above the Jamaica Road site; a Bakerloo line depot at St George’s Circus in Southwark where up to 300 homes could be built, and a depot at Parsons Green in Fulham.

Graeme Craig, director of commercial development at TfL, said: “London needs housing and we’ve got the land. They are often constrained and difficult sites but they are all on the transport network.”

He added: “All revenue raised from the developments will be reinvested into the transport network, helping us to bear down on fares and continue to support London’s economic growth and booming population.”

TfL expect to bring forward the scheme at the rate of around one a month, he said.

In total, TfL owns around 5,700 acres of land in London and today’s “first wave” of 75 sites will be followed by scores more over the coming years.

Mayor Boris Johnson said: “It’s important that all key agencies work together to accelerate the rate of housebuilding across the capital and redevelop land and assets wherever possible to deliver more homes.”

But Caroline Pidgeon, leader of the Liberal Democrat group on the London Assembly, said: “It is vital that many of the homes are genuinely affordable. Sadly this is far from clear at the moment.”