Through a coordinated approach with Network Rail, owner and operation of the existing station, and the pooling of public land on the site, the appointment of the CDM will enable a coherent long-term development approach that could free up to 4.84 million square metres of development space. The master plan will be consistent with Camden`s local plan. Confirming Lendlease as our primary partner is an exciting and important moment as we continue euston`s regeneration. We present a strong vision of the creation of new housing and jobs, the stimulation of economic growth and the construction of modern development that corresponds to the ambition and scale of HS2. Lendlease is appointed Master Development Partner (MDP) by the Secretary of State for Transport and Rail Network. They will then work with the Greater London Authority and the London Borough of Camden to develop a master plan for the station`s 54-hectare site and to promote mixed sustainable development opportunities as soon as construction of the station is completed. Like Euston, the development of the Olympic Park shows how infrastructure investments can help regions reach their full potential and create new jobs, home shops and recreation. In the six years since the Games, the territory has changed, with new neighbourhoods and continues to work to integrate the new development into the surrounding commune with new streets, public spaces and recreational facilities. Network Rail has a successful history of creating great venues and we are pleased to use this expertise to work with stakeholders, landowners and our new development partner to develop a visionary master plan for Euston. It was great to see such a strong competition, and I`m happy to welcome Lendlease to the team. Your experience in implementing some of the world`s most demanding transportation and development projects will be essential if we move forward with this exciting new phase in the history of Euston Station. HS2 confirmed today that the company behind the 2012 Athlete Village and the new international district, the gateway to The Queen Elizabeth Olympic Park, will lead the planning and development of Euston, in an agreement that could free up to 1,700 new homes and 19,000 jobs around the largest area of the station.
David Biggs, Managing Director of Network Rail Property, said: As our award-winning work in the nearby King`s Cross, which has attracted $2.2 billion in private investment, including new offices, jobs and homes, we will work to redevelop Euston Station to meet modern needs and serve as a catalyst for wider regeneration. With this transformation and the arrival of the HS2, the Euston Station area is becoming a new and prosperous London destination that meets the needs of passengers and local communities. Euston has the potential to be more than just a transportation hub, and we look forward to working with Lendlease to make it a real public space that benefits local people, stimulates business growth and frees up some of the homes we desperately need. Lendlease has worked with a large team of consultants, including Prior and Partners, Grimshaw, Arup, BIG, AHMM, Haworth Tomkins, Asif Khan and AECOM. HS2 services will also extend beyond the new high-speed network on existing routes to a multitude of destinations such as Liverpool, Dem Northwesten, Newcastle, Glasgow and Edinburgh. Lendlease is currently developing the International Quarter London at the gate of Queen Elizabeth Olympic Park, which has 25,000 jobs at the centre of some of the country`s best transport routes.