Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Boost for Coventry rail station plan as West Mids Combined Authority agrees funding


02 February 2018


West Midlands Combined Authority’s investment board this week endorsed a contribution of £39.4m of devolution deal funding to the £82.4m Coventry rail station masterplan project (LTT3 Feb & 8 Dec 17). 

The WMCA’s board will make a final decision on the contribution on 9 March. 

The project features a second station building, a 644-space multi-storey car park, a new footbridge connecting all platforms, a new bay platform, a six-bay bus interchange, and highway improvements. 

Other funding contributions are: £25.1m from Coventry and Warwickshire Local Enterprise Partnership’s Local Growth Fund; £5m from the DfT/Network Rail; £1.6m of integrated transport block; and £10.9m of prudential borrowing by the council. 

The borrowing will pay for the car park, which the council will then operate, with revenues paying back the loan. The car park will transfer to Network Rail at the end of the lease period. 

Planner - Transport
Southwark Council
£42,855 - £50,088
Development Engineer
London Borough of Bexley
£34,476 - £39,777
Engineer/Senior Engineer
Warrington Borough Council
View all Vacancies

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020