New research from property consultants Mace has suggested that the construction of a new hub train station in Bradford could provide an economic boost of £1.5bn a year to the local economy. The report, launched in partnership with Bradford Metropolitan District Council, examines the impact of building a new rail hub in Bradford city centre as part of Northern Powerhouse Rail to improve east-west connectivity from Liverpool, Manchester, Bradford, Leeds and Hull. It says Bradford should take inspiration from the recent £750m redevelopment of Birmingham New Street Station, as the project is expected to boost regional economic output by £3bn a year as well as creating 3,000 jobs. Major institutions including Deutsche Bank, HS2, and HSBC have also committed to locating major offices in Birmingham and £1bn of commercial property changed hands in 2015 (the year the station was completed), which Mace say was all influenced by improvements at New … (To read the full article, subscribe below)

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