This is the second time LU has brought forward proposals for Camden Town Station. In December 2000 London Mayor Ken Livingstone rejected proposals on the grounds that the scale and design of the above-ground development was inappropriate.

The revised scheme incorporates open space in the form of a pedestrian street, which splits the site. The station ticket hall with offices above, would form a self-contained building at the southern apex of the site. At the northern end of the site, the development would include four apartment blocks. At ground level there would be shops and cafes on Camden High Street, Kentish Town Road and the new pedestrian street.

Since 1996 London Underground (LU) has been looking at ways of improving the station. LU expects that construction will start by late 2004. It hopes to complete the station by 2011 and the development above it by 2012.