The High Speed Two (HS2) project and Network Rail has announced the appointment of Lendlease to develop the reconstruction of Euston Station, London.
The £1.65bn (US$2.3bn) project will see the 54 hectares of the station site redesigned for more accessibility to the station, greener space surrounding it, and increasing seating for greater capacity.
The construction could lead to entry to 4.8mn square feet, that could be utilised to build 1,700 new homes, raking in £3-4bn ($4.2-5.6bn) for the UK.
“The arrival of HS2 gives us a unique opportunity to transform the wider Euston station site, opening up the station to the surrounding community with new streets and public realm as well as opportunities to unlock thousands of new jobs and homes, anchored around a common masterplan vision,” reported Mark Thurston, CEO of HS2.
“It was great to see such a strong competition and I’m pleased to welcome Lendlease to the team,” he added.
“Their experience of delivering some of the world’s most challenging transport and development projects will be vital as we move forward with this exciting new phase in the story of Euston station.”
“We are proud and excited to be selected as preferred bidder to deliver the Euston OSD in partnership with HS2, Network Rail, London Borough of Camden, GLA and wider stakeholders,” commented Dan Labbad, International CEO of Lendlease.
“We believe this is a fantastic project in a key area of London which will provide opportunity for all and act as a catalyst for wider UK growth.”