UK train station to receive €1.7bn upgrade
06 October 2022
Plans have been revealed for vital upgrades to Liverpool Street station in London, UK, as part of a new sustainably developed office, retail and leisure scheme.
Network Rail, MTR, an operator of sustainable rail transport services company, and developer Sellar are working with key stakeholders including Transport for London and the Hyatt, owners of the hotel that is adjacent to the station.
The £1.5 billion (€1.7 billion) project is being developed in collaboration with Pritzker Prize-winning architectural practice Herzog & de Meuron, with the hopes that the station and its surrounding area will become a retail and leisure hub for visitors, passengers, and the local community.
Plans for the project also mean alleviating congestion and improving the station experience for 135 million station users per year. A £450 million (€512 million) programme of significant infrastructure works have been proposed and funded through the private sector partnership, by delivering an accompanying mixed-use commercial development.
Additionally, the project aims to meet the highest levels of sustainability by minimising the carbon footprint in construction and operation, including the conservation of energy and water, and enhancing public health and wellbeing.
Robin Dobson, group property director at Network Rail, said, “Network Rail is working in partnership with Sellar and MTR, alongside key stakeholders, on plans to unlock this strategic regeneration opportunity in this part of the City. The plans will deliver a world-class transport interchange alongside new workspace with a new 24/7 leisure district at its heart. Central to this is the significant improvements to passenger journeys, accessibility, alongside high-quality facilities, and new landmark public space.”