There is a High Speed 2 (HS2 Ltd) in the United Kingdom to acquire the second site in Manchester as part of his plans to build the city’s new high-speed train station.
The company, which is developing the UK’s new high-speed rail network, has reached an agreement with UK-based property provider Bruntwood to acquire Square One on Travis Street. This comes more than a year after HS2 acquired the Store Street website.
HS2 acquired both sites on behalf of the United Kingdom Department of Transport (DfT).
The new high-speed train station in Manchester will be developed in addition to the existing Piccadilly station.
The station is expected to open between 2035 and 2040.
It will include six surface-level platforms and will enable passengers to take advantage of HS2 services as well as access future Northern Powerhouse Rail (NPR) services.
HS2 Chief Commercial Officer Ruth Todd said: “Following the introduction of the bill earlier this year, seeking powers to build and operate the Crew-Manchester railway, this acquisition represents another important milestone in our program to move the high-speed rail north .
“The purchase of Square One by HS2 is a vote of confidence for local and international investors to take advantage of the wider potential for regeneration in the area, knowing that Manchester will become so brilliantly connected.”
Bruntwood, meanwhile, will use the proceeds to continue investing in the country’s regional centers.
Last month, HS2 unveiled the final designs of the Thame Valley Viaduct.
The 880-meter-long viaduct is located in the North Valley and crosses the low-lying Teme Valley in south-east England.