Plans to revamp Leicester’s railway station in a proposed multi-million-pound transformation is set to boost Leicester's ranking among workers across the UK, increasing it's viability as a commuter city. A likely increase to the city's population and invigorating the desire for property in and around that area of the city opens-up plenty of opportunities for new and portfolio landlords looking to expand with increased future ROI .
Leicester City Council is planning to restore the historic station building back to its Victorian glory, relocating its main entrance so that it opens onto Station Street and directly faces the city centre.
The city council has already successfully secured £17.6million from the Government’s Levelling Up Fund to help realise the ambitious plans to revitalise the landmark building and create a more attractive and accessible gateway into the city.
Now, the city council, Network Rail and East Midlands Railway (EMR) are working in partnership to bring forward the ambitious proposals, with the support of key industry stakeholders.
City Mayor Peter Soulsby said: “Leicester’s railway station is a beautiful building but is in need of a radical overhaul to help it meet the needs of a modern city the size of Leicester.
“We have been working closely with rail industry partners to develop ambitious plans to revamp and revitalise the station. It is a major project that will make a huge difference to the city. It will help transform the area into a vibrant gateway and make a vital contribution to Leicester’s future growth and prosperity.
“We also have the chance to restore this historic, landmark building back to its Victorian glory.
“The award of over £17million from the Government’s Levelling Up Fund is a tremendous endorsement of the importance of this project. Since then, we have been carrying out detailed design work and we’re very excited to share new images that show how the station will look following its ambitious redevelopment.”
Will Rogers, Managing Director for East Midlands Railway said “We’re delighted the investment at Leicester railway station has been approved and we’re excited to work alongside Leicester City Council and Network Rail to significantly improve the facilities for our customers.
“The investment will see the iconic Leicester railway station restored back to its Victorian glory. The development will transform Leicester, as the gateway to the city, by encouraging integration with the surrounding community and offering an improved customer experience to all station visitors.”
For more information and images on this new project, head over to the Leicester City Council news page.
