Place Expo
City Region Investment Strategies
Prepare for HS2
Duncan Sutherland
Non-Executive Board Director, HS2

17 June ...
• Outline of the project
• What HS2 Brings
• HS2 Ready .......City Investment
What we will cover
What is HS2 Ltd?

• Non Departmental Public Body

• Established in 2009 as an advisory body,
morphed into a delivery body
Project Budget Summary
• £42.6bn design and construction budget (July
2013 spending review)
• £ 21.4bn Phase One – London ...
• The ‘Y Network’

• Built in two phases

• 330 miles of track

• 9 HS2 stations

• Classic compatible trains

• Subject t...
• Preferred route announced in
January 2012 
• Subsequently 14 major design
refinements made
• Hybrid Bill deposited at th...
London Euston – central London • London terminus station.
• Interchange with other rail services and London Underground.
•...
Curzon Street Station

• 7 high speed platforms
• Terminus station for
Central Birmingham
• Catalyst for wider
regeneratio...
Curzon Street Station
Aerial view of Curzon Street Station
Birmingham Interchange - Solihull
• Bounded by A454,A45
and M42
• Connected to
Birmingham Airport,
NEC and Birmingham
Inte...
Phase Two: 

Birmingham-Manchester / Birmingham-Leeds
• Initial proposed route announced in
January 2013
• Public consulta...
Phase Two HS2 Stations
Manchester Airport • To be built in conjunction with Manchester Airport. 
• Provides not only acces...
Why the UK is investing in HS2
• Maximising
connectivity benefits 
• Maximising
opportunities to
business from better
connectivity
• The freight industry...
The Need - Connectivity
Destination Current
Journey Time
HS2 Journey
Time
Journey time
reduced by
Birmingham Curzon St 1:2...
The Need - Connectivity
Journey Current
Journey Time
HS2 Journey
Time
Journey time
reduced by
Birmingham/Newcastle uponTyn...
• 64% of businesses expect
HS2 to have a positive
impact on UK private sector
growth
• 71% of the general public
think tha...
The Need - Growth
Economic Growth
▪ HS2 will be an engine for growth that will generate jobs, rebalance the
economy and se...
The Need - Regeneration
• Unlocking
development
potential
• Creating
opportunities
• Aligning resources
& policies
• Attra...
• HS1 has seen regeneration at
Ebbsfleet, Stratford and Kings Cross
worth £10bn, plus wider economic
benefits of £3.8bn
• ...
Station investment in major cities can
have significant impact
21
Station investment
Direct land
redevelopment
Public real...
The extent to which economic benefits are
realised depends on a range of wider factors
Investing in a new station is neces...
Case Study - St Pancras
• Cost £800 million
• Annual footfall over 40 million
• 23% of people using St Pancras are not
tra...
Lille Europe
• Lille-Europe and Lille Flandres
next door to each other in the
city centre.
• Both stations well-integrated...
Gare de Creusot TGV
• On the TGV Sud, outside the city,
in the town of Écuisses
• Accessible by car & local public
transpo...
HSR stations can be catalyst for wider
benefits, but can’t create them out of nothing
• Does not happen without co-ordinat...


HS2 Plus – Sir David Higgins Report
• Cost estimates for constructing Phase One confirmed as realistic

• Maximise redev...
HS2 Plus – Sir David Higgins Report cont.
• Following the Higgins Report, the Government has decided that the
HS1-HS2 link...
HS2 Growth Task Force Report
• Created in 2013 to advise the Government on how to maximise
the return from the investment ...
• Getting our businesses ready
o HS2 Ltd to set new standards for industry engagement and collaborative working
through fo...
Further information, and route plans:
www.hs2.org.uk
Upcoming SlideShare
Loading in …5
×

PlaceEXPO: City Region Investment Strategies: High Speed 2

1,102 views

Published on

Duncan Sutherland, non-executive board member, HS2, on opportunities created for city development by the new high-speed line

Published in: Economy & Finance, Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
1,102
On SlideShare
0
From Embeds
0
Number of Embeds
7
Actions
Shares
0
Downloads
16
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

PlaceEXPO: City Region Investment Strategies: High Speed 2

  1. 1. Place Expo City Region Investment Strategies Prepare for HS2 Duncan Sutherland Non-Executive Board Director, HS2 17 June 2014
  2. 2. • Outline of the project • What HS2 Brings • HS2 Ready .......City Investment What we will cover
  3. 3. What is HS2 Ltd? • Non Departmental Public Body • Established in 2009 as an advisory body, morphed into a delivery body
  4. 4. Project Budget Summary • £42.6bn design and construction budget (July 2013 spending review) • £ 21.4bn Phase One – London to Birmingham • £ 21.2bn PhaseTwo – 
 Birmingham to Manchester and Leeds • Approx £4.1bn property acquisition cost (£2.7bn Phase One/£1.4bn PhaseTwo) • £14.4bn contingency
  5. 5. • The ‘Y Network’ • Built in two phases • 330 miles of track • 9 HS2 stations • Classic compatible trains • Subject to “Higgins Report” The Line of Route
  6. 6. • Preferred route announced in January 2012 • Subsequently 14 major design refinements made • Hybrid Bill deposited at the end of 2013 • 2016/2017 Construction starts • 2026 HS2 (Phase One) opens to passengers Phase One: London – West Midlands
  7. 7. London Euston – central London • London terminus station. • Interchange with other rail services and London Underground. • Existing station to be extended to accommodate 11 new HS2 platforms. Old Oak Common – west London • New station built on existing railway land • Interchange with Crossrail and Great Western Main Line • 6 underground platforms Birmingham Interchange - Solihull • New station built with connection, by people mover system, to Birmingham International station,Airport and NEC • Interchange to Birmingham International Rail Station, National Birmingham Curzon Street • New station built incorporating the existing Grade 1 Curzon Street Station building • Pedestrian link with Birmingham Moor Street Station Phase One HS2 Stations
  8. 8. Curzon Street Station • 7 high speed platforms • Terminus station for Central Birmingham • Catalyst for wider regeneration of Digbeth and Eastside
  9. 9. Curzon Street Station Aerial view of Curzon Street Station
  10. 10. Birmingham Interchange - Solihull • Bounded by A454,A45 and M42 • Connected to Birmingham Airport, NEC and Birmingham International Railway Station via a people mover. • Journey time to London Euston 38 minutes
  11. 11. Phase Two: 
 Birmingham-Manchester / Birmingham-Leeds • Initial proposed route announced in January 2013 • Public consultation closed January 2014 • Decision on route expected late 2014 • Safeguarding consultation late 2014 • 2033 PhaseTwo open
  12. 12. Phase Two HS2 Stations Manchester Airport • To be built in conjunction with Manchester Airport. • Provides not only access to the airport, but also easy access to HS2 from South Manchester & wider Cheshire area. Manchester Piccadilly • New HS2 station build alongside existing station. • Connections to regional rail services. • Access to Metrolink & local/regional buses. East Midlands Hub • New station between Nottingham and Derby atToton. • Connections to many East Midlands cities. Sheffield Meadowhall • New station between Meadowhall Shopping Centre & M1. • Connections to Sheffield and many cities in SouthYorkshire. Leeds New Lane • New station with a bridge linking to Leeds New Street station. • Connections to other regional cities. Additional HS2 destinations served by classic compatible services: Stafford, Crewe (important interchange station), Runcorn, Liverpool, Warrington,Wigan, Preston, Carlisle, Glasgow, Edinburgh,York, Newcastle
  13. 13. Why the UK is investing in HS2
  14. 14. • Maximising connectivity benefits • Maximising opportunities to business from better connectivity • The freight industry • Tourism The Need - Connectivity
  15. 15. The Need - Connectivity Destination Current Journey Time HS2 Journey Time Journey time reduced by Birmingham Curzon St 1:24 0:49 35 mins EAST East Midlands Hub n/a 0:51 Sheffield Meadowhall n/a 1:09 Leeds New Lane 2:12 1:22 50 mins York 1:53 1:23 30 mins Newcastle 2:52 2:18 34 mins WEST Crewe 1:30 0:58 32 mins Manchester Piccadilly 2:08 1:08 1 hr Liverpool 2:08 1:36 32 mins Edinburgh 4:23 3:38 45 mins Glasgow 4:08 3:38 30 mins HS2 will link 8 of the UK’s 10 largest cities, serving 1 in 5 of the UK population Key journey times to/from London once PhaseTwo opens
  16. 16. The Need - Connectivity Journey Current Journey Time HS2 Journey Time Journey time reduced by Birmingham/Newcastle uponTyne 3.14 2.07 1.07 Birmingham /Leeds 1.58 57mins 1.01 Birmingham/Sheffield 1.11 48mins 23mins Birmingham/Nottingham 1.13 36 37mins Birmingham/Manchester 1.28 41mins 47mins Nottingham/Newcastle uponTyne 2.59 2.03 56mins Nottingham/Leeds 2.03 46mins 1.17 Nottingham/York 1.55 53mins 1.02 Sheffield/Newcastle uponTyne 2.13 1.37 36mins Sheffield/York 53mins 33mins 20mins Sheffield /Leeds 41mins 27mins 14mins HS2 will link 8 of the UK’s 10 largest cities, serving 1 in 5 of the UK population Key journey times between Midlands/North once PhaseTwo opens
  17. 17. • 64% of businesses expect HS2 to have a positive impact on UK private sector growth • 71% of the general public think that HS2 will positively benefit Midlands • 66% think that HS2 will positively benefit the North Populus, Jan 2013 CBI/KMPG Infrastructure Survey 2012 The Need - Growth
  18. 18. The Need - Growth Economic Growth ▪ HS2 will be an engine for growth that will generate jobs, rebalance the economy and secure the country’s future prosperity Jobs & employment ▪ Phase One is expected to support around 40,000 jobs (9,000 construction jobs, 1,500 permanent jobs and 30,000 jobs in station redevelopment areas) Regional Development ▪ Birmingham Curzon St will be at the centre of a massive regeneration scheme planned for the east of city ▪ Old Oak Common station will transform derelict industrial land into homes, offices and commercial space
  19. 19. The Need - Regeneration • Unlocking development potential • Creating opportunities • Aligning resources & policies • Attracting investment & funding
  20. 20. • HS1 has seen regeneration at Ebbsfleet, Stratford and Kings Cross worth £10bn, plus wider economic benefits of £3.8bn • Lille has developed a major commercial centre around its new station • Crossrail could help create additional residential and commercial value of up to £5.5bn between 2012 and 2021 • HS2 Ltd is working with Core Cities, London Boroughs and other stakeholders to maximise the regeneration opportunities The Need - Regeneration
  21. 21. Station investment in major cities can have significant impact 21 Station investment Direct land redevelopment Public realm enhancements Improved image and confidence in area Developer interest New higher value developments Increased land value Additional jobs, GVA, rateable value The value of station investment, Steer Davies Gleave, November 2011
  22. 22. The extent to which economic benefits are realised depends on a range of wider factors Investing in a new station is necessary, but not sufficient… Wider economic impact will depend upon: • Urban realm • Integration with wider transport networks • Passenger experience • Commercial opportunities
  23. 23. Case Study - St Pancras • Cost £800 million • Annual footfall over 40 million • 23% of people using St Pancras are not travellers but there to eat, drink, shop & meet • Average dwell time of 27 minutes – more than other UK stations • 90,000 sq ft of retail space (55 units) with average spend ~ £12 • Important contribution to regeneration of Kings Cross environ and a significant element of the additional impact of regeneration of HS1 ~ £10 billion • Accompanied by restoration and opening of 5* Marriot Renaissance hotel • Popular film & TV location!
  24. 24. Lille Europe • Lille-Europe and Lille Flandres next door to each other in the city centre. • Both stations well-integrated into existing surface transport infrastructure by buses and tramways • Stations linked by EuraLille which has grown into the third biggest business centre in France over the last decade. • New urban district of around 70 hectares of offices, apartments, hotels and a shopping mall.
  25. 25. Gare de Creusot TGV • On the TGV Sud, outside the city, in the town of Écuisses • Accessible by car & local public transport links for nearby regional cities • Served by very few TGVs and produces little business • Opened in 1981, expected to regenerate old industrial area by creating a local centre of activity, but lack of existing business activity appears to have deterred start-ups
  26. 26. HSR stations can be catalyst for wider benefits, but can’t create them out of nothing • Does not happen without co-ordination and drive • Integrated national and local proposals are required • Public control of land is important • Proactive planning policy/ incentives • Accessibility to local public transport/ road networks • Focussed investment in local infrastructure
  27. 27. 
 HS2 Plus – Sir David Higgins Report • Cost estimates for constructing Phase One confirmed as realistic • Maximise redevelopment of Euston station by generating private sector investment that can reduce the overall burden on the taxpayer. • Accelerate PhaseTwo to span a further 43 miles to a new transport hub at Crewe 6 years earlier than planned.
  28. 28. HS2 Plus – Sir David Higgins Report cont. • Following the Higgins Report, the Government has decided that the HS1-HS2 link will be removed from the hybrid Bill and withdrawn from safeguarding (Government has commisioned a study in to options to improve connections to the continent) • HS2 to form part of regeneration of economies and communities across the North • Reject thoughts on cut backs on planned mitigation measures
  29. 29. HS2 Growth Task Force Report • Created in 2013 to advise the Government on how to maximise the return from the investment in HS2 • A ‘business as usual’ approach will not be enough • Getting our cities ready o Local authorities should lead on the development of HS2 Growth Strategies and set up local bodies to deliver these strategies with Government support • Getting our transport network ready o Government, HS2 Ltd and local partners must act to examine how HS2 can be integrated into existing local and regional transport networks • Getting our people ready o Government to make railway engineering and advanced construction skills a national priority.
  30. 30. • Getting our businesses ready o HS2 Ltd to set new standards for industry engagement and collaborative working through forthcoming procurement strategy o Businesses to seize the opportunities available, supported by local authorities and Local Enterprise Partnerships • The Government response o An initial statement from DfT Secretary of State welcomed the report and vowed to consider the recommendations o An expanded response will be produced at a later stage possibly as part of the Second Reading of the hybrid Bill at the end of April HS2 Growth Task Force Report
  31. 31. Further information, and route plans: www.hs2.org.uk

×