X
X
The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

Preferred bidder chosen for redevelopment of Euston station

Lendlease has been chosen as the preferred bidder for the redevelopment of London’s Euston station.

Subject to the finalisation of contracts, Lendlease will work with the Greater London Authority and London Borough of Camden to develop the masterplan and subsequently delivery of the 54 hectare site above and around the new station.

Dan Labbad, Chief Executive Officer International Operations at Lendlease, said: “The redevelopment of Euston stands to be a real gamechanger for commuters across London and the UK.

“Euston will be much more than a transport hub – and we’ll work closely with project partners to provide benefits to local people, foster business growth and deliver new homes.”

Euston currently caters for around 42 million passengers a year, it will be redeveloped to house new high-speed rail services (known as HS2) connecting the Midlands and north of the UK to London, which is due to start operating in 2026.

The project comprises more than 400,000 sqm of commercial, retail, hotel and leisure spaces, and will also deliver a significant number of new homes.

If you want to read more news subscribe

subscribe