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HS2 will drive a £10 billion economic boost for the West Midlands during the next 10 years, according to new research.
The impending arrival of the high-speed railway will lead to the creation of around 41,000 new homes, nearly 31,000 new jobs and more than 700,000 square metres of new commercial floorspace in the region, analysis commissioned by HS2 Ltd found.
The study analysed the impact of the project within a 1.5-mile radius of HS2 stations Curzon Street in central Birmingham and Interchange in Solihull, as well as the planned Network Integrated Control Centre and maintenance depot in Washwood Heath.
The report by consultancy Arcadis stated that the areas around those locations have already seen a surge in investment activity since Phase One of HS2 between London and the West Midlands was approved by Parliament in 2017.
TalkTV’s Jeremy Kyle and Rosie Wright discuss the story with West Midlands City chief executive at Arcadis Simon Marks and Northern Powerhouse chief Henri Murison.
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