British cities and regions need to seize the opportunity provided by HS2, says Independent Transport Commission
British cities and regions should seize the opportunity provided by HS2 to generate economic growth, according to a new report.
The study by the Independent Transport Commission found that there could be social and economic benefits brought by HS2, and that British cities should jump on the once-in-a-generation public infrastructure investment project to propel growth.
The report reviewed current proposals for each of the British city regions that will be served by HS2 and provided guidance on ways to enhance the process of urban change by maximising the social and economic regeneration benefits that stem from developing an integrated transport system.
"HS2 will bring transformational benefits to the economy of the whole country. It has the potential to generate jobs, stimulate growth and provide the vital capacity and increased connectivity to help rebalance our economy," transport secretary Patrick McLoughlin MP said.
"That is why it’s crucial that cities and regions along the route take full advantage and develop plans that will attract investment and help people access jobs."
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The report advises that a collaborative study to understand the future of the UK's urban economy should be launched, while the creation of a HS2 Cities Forum should be set up to share knowledge.
Lord Adonis, Chairman of the National Infrastructure Commission and an ITC Patron, added: "The message from this report is clear – there is no reason why our great cities in Britain cannot enjoy the same benefits from high speed rail that cities in other countries around the world have enjoyed."
"As the transport infrastructure begins to be built, I recommend that our great cities and their citizens use this ITC report to help plan for the arrival of HS2, ensuring that this major investment better enables our cities to compete on a global stage to the benefit of all."
Earlier this month it was reported that HS2, among other schemes, has helped drive UK to greater attractiveness for infrastructure investment.
Read more: London's Crossrail and HS2 projects helps drive UK's attractiveness for infrastructure investors
The first section of the line is due to be completed in 2026, with a further extension to Manchester and Leeds opened on by 2032.
However, David Leam, infrastructure director of London First, said: "The gaping hole in this report is the future of Euston Station. The current government proposal is to bodge the high-speed link next to the existing station, with no overall plan.
"This would be a missed opportunity to redevelop the area around Euston with new housing, offices and shops. Residents and businesses are going to have to put up with a lot of aggravation while the work is done, so it’s only fair that the project should deliver for the local area."