To ask Her Majesty’s Government what is their latest estimate of the cost of HS2’s AP3 design for its part of Euston Station and, within that cost, what allowances have been made for (1) inflation, (2) property purchase and compensation, (3) demolition, and (4) provision for taxis, buses and connections to London Underground and Crossrail 2, if built.
The latest cost estimate for Euston is £2,250m. This is based on the revised proposal for Euston included in the 3rd Additional Provision (AP3) to the Phase One hybrid Bill, deposited in Parliament in September 2015.
This figure is at 2nd quarter 2011 price levels and excludes land and property, inflation and contingency costs.
The property purchase and compensation costs for the AP3 proposals are included as part of the wider property budget for Phase One of HS2.
This estimate includes provisional allowances for demolition, station connections for taxis & buses and connections to London Underground. Due to their commercial sensitivity, figures for those provisional allowances are not currently available for release.
The AP3 proposals do not include a connection for Crossrail 2, however the design of the high speed station has been coordinated with the promoters of the Crossrail 2 scheme and AP3 does not preclude a connection.