{"id":38879,"date":"2018-02-23T15:22:50","date_gmt":"2018-02-23T15:22:50","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=38879"},"modified":"2019-01-09T14:47:22","modified_gmt":"2019-01-09T14:47:22","slug":"lendlease-named-preferred-bidder-4bn-london-euston-redevelopment","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/lendlease-named-preferred-bidder-4bn-london-euston-redevelopment\/38879\/","title":{"rendered":"Lendlease named preferred bidder for \u00a34bn London Euston redevelopment"},"content":{"rendered":"

Lendlease has been selected as the preferred bidder for the \u00a34bn redevelopment of London Euston station<\/h2>\n

Subject to contracts being finalised,<\/a> the company will work with the Greater London Authority and the London Borough of Camden to develop, and subsequently deliver, a masterplan for a 54-hectare site above and around the station.<\/p>\n

Euston, which currently handles around 42m passengers, is being remodelled to accommodate HS2 high-speed rail services<\/a> connecting Birmingham, Manchester and Leeds to London. HS2 is due to become operational in 2026.<\/p>\n

The project comprises more than 400,00 sq m of commercial, retail, hotel and leisure space and will also deliver a “significant” number of new homes<\/a>.<\/p>\n

Dan Labbad, Lendlease’s<\/a> chief executive officer for international operations, said: “The redevelopment of Euston stands to be a real gamechanger for commuters across London<\/a> and the UK.<\/p>\n

“Euston will be much more than a transport hub<\/a> – and we’ll work closely with project partners to provide benefit to local people, foster business growth and deliver new homes.<\/p>\n

“Today’s announcement is consistent with our stated strategy to grow our development pipeline in gateway cities and increasingly reallocate capital to our international operations.”<\/a><\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Lendlease has been selected as the preferred bidder for the \u00a34bn redevelopment of London Euston station<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[664,15892,280],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-38879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction-services","8":"tag-lendlease","9":"tag-transport"},"acf":[],"yoast_head":"\nLendlease named preferred bidder for \u00a34bn London Euston redevelopment<\/title>\n<meta name=\"description\" content=\"Lendlease has been selected as the preferred bidder for the \u00a34bn redevelopment 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