The London Property Alliance has sent an open letter to the Secretary of State for Transport, the Rt Hon Mark Harper MP, calling for the full delivery of HS2, including its Euston terminus, to deliver on its potential to drive economic growth and social prosperity.
The letter draws on the key findings from our report The Crossrail Effect: How the Elizabeth line is transforming the capital, which demonstrates how the successful delivery of the Elizabeth line can act as a catalyst for investment and regeneration.
In the letter, Charles Begley, Chief Executive, London Property Alliance writes:
“In this country we can deliver exceptional infrastructure which deliver significant economic and social benefits. The successful delivery of the Elizabeth line demonstrates we have the skills and capability to deliver engineering feats that can transform economies and connect communities. We only need to look at the considerable social and commercial value brought about by the Elizabeth line for evidence, as revealed in our recently published report, The Crossrail Effect: How the Elizabeth line is transforming the capital.
“Like many other businesses across the UK, central London’s property community – its leading developers, investors and advisors – call on the Government to bring a swift conclusion to its two-year review of the project and move forwards with its plans for a HS2 hub at Euston at pace. Recent reports that the connection to Manchester is also under review would clearly undermine the wider objectives of project and erode its ability to fulfil its economic potential.”Read our full letter here