Lendlease fights off rivals to be appointed lead planner for HS2 Euston development

The property and infrastructure group Lendlease has been unveiled as the preferred bidder on a multi-billion pound urban redevelopment project around Euston station for the introduction of HS2.

Working with the Greater London Authority (GLA) and the London Borough of Camden, Leadlease will be responsible for creating a masterplan for the 54-hectare site. The group beat rivals Westfield Europe, Argent-led Euston Regeneration Partnership, Canary Wharf Group and Landsec to become Euston Station master development partner.

The project will include a new interchange with the London Underground, combining Euston and Euston Square for the first time and including provision for a future connection to a potential Crossrail 2.

Dan Labbad, Lendlease chief executive officer of international operations, said: “We are proud and excited to be selected as preferred bidder to deliver the Euston OSD in partnership with HS2, Network Rail, London Borough of Camden, GLA and wider stakeholders. We believe this is a fantastic project in a key area of London which will provide opportunity for all and act as a catalyst for wider UK growth. “Euston will be much more than a transport hub - and we’ll work closely with project partners to provide benefits to local people, foster business growth and deliver new homes.”

It’s estimated the project will encompass the regeneration of the 21.85 hectare commercial and residential district, which could span 3,800 homes and 400,000 sqm of commercial space.

Lendlease are arguably best known for constructing the athletes’ village back in 2012 for the London Olympics. 

The latest appointment comes after last month’s news that Arup and WSP had been unveiled as two of the teams of architects, designers and engineers who would be responsible for designing four HS2 stations that are due to open in 2026.

The new HS2 stations in London and Birmingham will be designed with input from local communities, using best practice principles from stations around the world, and guidelines and specifications endorsed by an independent panel of leading architects and designers.

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