New Birmingham HS2 station to cost £100m more than expected
A new HS2 rail station in Birmingham will cost £100m more than originally expected, the company behind the controversial high speed rail project revealed today.
Launching the procurement process to find a contractor to build Birmingham Interchange station, which is expected to open in 2026, HS2 said the contract was worth £370m.
In 2019, however, the station was slated to cost £270m.
The revised figure takes into account potential extra work such as road improvements and enhanced retail facilities, City A.M. understands, as well as contingency costs not accounted for in the prior estimate.
The new station will be the penultimate station on the line before it terminates at Birmingham Curzon Street station.
At the height of construction, the project will support 1,000 jobs, HS2 said. The contract will be awarded in 2022.
According to the contract note, the the winning firm will take charge of designing, building, and maintaining the new station
HS2 Minister Andrew Stephenson said: “HS2’s Interchange Station will be one of the best-connected places in the UK, bringing together rail, road and air transport links and today’s milestone takes us one step closer to delivering a new, modern, zero-carbon station.
“This investment in the West Midlands will support 1,000 jobs, create new jobs and businesses, and regenerate the region as we build back better.”