The Mayor and TfL have revealed dramatic new plans today to transform the Old Street roundabout into a pedestrian square.
The plans would include new cycle lanes, some of which would be segregated from other traffic, and separate signals for cyclists. TfL say a key focus of the plans is to improve road safety on the roundabout.
Currently the roundabout is an accident hotspot - with 44 people injured in collisions over the past three years, most of which were pedestrians or cyclists.
The walkway to be built over the roundabout would include trees and benches, and the opportunity for more pop up stalls alongside those already in the station. The redevelopment would also mean a new entrance to the station being built in the centre of the pedestrianised area.
The development is part of TfL's £4bn Road Modernisation Plan, which aims to improve a range of dangerous junctions by 2021. The plans will now go up for consultation, and if they are approved building work could begin next year.