The government, through the Crown Estate, has acquired a 50% share in the redevelopment of HS2's Euston station, partnering with Lendlease, the Master Development Partner, in a 50/50 joint venture. This collaboration comes as part of a broader strategic vision to transform a significant area around Euston station, which includes plans for offices and approximately 2,000 new homes. Although funding for tunnel costs has been authorized, specific plans for the station's construction timeline remain undecided. The venture also encompasses various other properties across London and Birmingham.
The government has, through the Crown Estate, taken a 50% stake in HS2's Euston station redevelopment, marking a significant move in urban development.
Lendlease has entered a joint venture with the Crown Estate for Eustonâs redevelopment, signifying a collaborative approach to major infrastructure projects.
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