Working and engaging with Network Rail - Tolu Osekita Lead - Third Party Investment - Towns Fund
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Working and engaging with Network Rail 11th March 2021 Tolu Osekita Lead – Third Party Investment Tolu.Osekita@networkrail.co.uk 1
We manage 20 of the busiest stations in the country Network Rail We own and operate Britain's railway infrastructure. Our role is to provide a safe, reliable and efficient railway while growing and upgrading the network to better serve passengers and freight. 20,000 miles of track Level 30,000 crossings and points bridges and viaducts Signals Tunnels Train companies
Putting Passengers and stakeholders first! 5 Right people, right structure, right mindset We were told, and recognised, that we can be: • “confused and confusing” • “unaccountable” • “inefficient” • ”arrogant” • “not user friendly This shaped our regional structure, and our vision: • On the side of passengers and freight users • Efficient, dependable and easy to do business with • A place people are proud to work • Instinctively recognised as leading the industry
OFFICIAL What is on the mind of our Stakeholders? Levelling Up Agenda & Devolution • Rail investment can play a vital role in supporting regional growth and productivity through investments in connectivity and the areas around stations as key economic centres. Greenbook Review • Recent revisions increase emphasis on delivering social value outcomes through investments Decarbonisation • Supporting a clean growth post-Covid economic recovery that helps the UK towards its long term net-zero ambitions. Major Funds • Attracting central government funding to support local infrastructure increasingly relies on bidding and applying to major funding programmes run by government departments like MHCLG and BEIS Forming New Partnerships • Securing access to these kind of funding sources requires new partnerships with stakeholders, local authorities, business and community groups There is a real opportunity to make a comprehensive case for change through partnerships with stakeholders that can enable positive social and economic outcomes 5
Making it easier to engage, invest and build • Becoming a dependable partner that’s easier to engage with. • Facilitate investment that benefits our towns, cities, regions and country. • Make third party engagement, funding and delivery easier. • Remove barriers and increase innovation.
OFFICIAL Reopening the Northumberland line Passenger traffic has not run on the line from Newcastle to Ashington since 1964. For many years there have been ambitions to bring back passenger trains, while integrating the new line with the business, cultural and educational needs of the community. The partnership including Northumberland County Council, Network Rail and DfT have come together to fund the £166m scheme to create maximum benefits for future passengers. Benefits to the region • Upgrade 18 miles of track, build six new stations and create three new footbridges • Half commuter times from one hour to 30mins • Projected to deliver economic benefits of up to £470m • Enable better access to education and employment opportunities • Facilitating affordable housing developments • Future aspiration to introduce low-carbon rolling stock for the new passenger services on the route.
OFFICIAL Kenilworth station The second phase of a larger scheme of strategic rail upgrades to reduce road traffic congestion and support the economy of the Leamington Spa to Nuneaton. The first phase included new stations at Coventry Arena and Bermuda Park The £11.3m project was jointly funded by Warwickshire County Council, Coventry & Warwickshire Local Enterprise Partnership (LEP) and the Department for Transport's New Stations Fund. Benefits to the region • Provides local people regular train services to Coventry and Leamington Spa and connections with services across Britain • Features retail unit, café, covered cycle parking, step-free access, footbridge and lifts • Reduced road traffic and emissions • Major rail investment scheme boosts economic regeneration between Nuneaton and Leamington Spa
OFFICIAL Maghull North Maghull North is the first in station to be added to Merseyrail's network in 20 years. Located between Liverpool and Ormskirk, it usually has hundreds of services pass through each week. The £13m new station was built through the collaboration of funders including Local Growth Fund (LGF), Merseytravel and Homes & Communities Association (which previously owned the land on which the station is built). The construction was part of wider £340m rail investment by Network Rail and the Liverpool City Region over next three years. Benefits to the region • New, modern station with step-free access and a 156- space car park • Helps capacity and offers relief for town’s existing station • The station is a key piece of infrastructure in the Sefton Local Plan • Supports local public transport demand from a nearby new housing development that will include 370 homes, with more planned
OFFICIAL Meridian Water Meridian Water benefits from the River Lea and the adjacent Pymmes Brook that pass through the site, providing the opportunity for waterside living and working, and a canal-side environment. The scheme is part of the £170m Lee Valley Rail Programme, funded by several third parties: London Economic Action Partnership (LEAP), Transport for London, Enfield and Haringey Councils, UK Government, and Mayor of London. Additionally a new station worth £50m was funded by Enfield Council. Benefits to the region • New, step-free station predicted to serve 4m passengers a year • Better connectivity to London, Stanstead and Cambridge • Supports proposed 10,000 new homes for Enfield • Support thousands of new jobs • Gross Development Value of £6bn • The Council’s aim is to create a true 24-hour neighbourhood – a new destination to enjoy nightlife, music, theatre, cinema and much more, all year
OFFICIAL Coventry station masterplan Coventry railway station has seen a huge increase in passenger numbers over recent years, making it one of the fastest growing stations outside of London in terms of annual passenger number increase. A strategic alignment from key stakeholders including; West Midlands Combined Authority, Transport for West Midlands, Coventry & Warwickshire Local Enterprise Partnership, Coventry City Council and Network Rail have envisaged an £82m masterplan to redesign the station and surrounding area. Benefits to the region • New, modern station with step free access to all platforms, a new footbridge and lifts • Enlarged 633 space multi-storey car park and bus station • Increased retail space • Improved capacity benefits with a second entrance to Coventry station via Warwick Road
OFFICIAL Bristol Temple Quarter Bristol Temple Meads is a cornerstone of the Temple Quarter, instrumental to its ongoing success and crucial for its future growth. A strategic plan costing £100m to transform Temple Meads station into a 21st century transport interchange was developed with key stakeholders including, Bristol council, Network Rail, Homes England and University of Bristol. Benefits to the region • Creation of a new city quarter within Bristol • Supports delivery of a new £300m University of Bristol campus including a digital innovation hub • Meet weekday rail travel capacity forecast to increase 59% by 2036 • Contribute to the delivery of 11,000 new homes • Contribute to delivery of 22,000 jobs by 2032 • The scheme projected to bring £1.6bn annually to the city's economy • 130 hectares of brownfield land will be transformed over next 25 years
OFFICIAL York Central York Central is a large brownfield site to the west of the city’s railway station, and is a unique opportunity for housing and economic growth in the centre of York. Through a collaborative development partnership, including Network Rail, the National Railway Museum and Homes England, £155m of public investment is planned to deliver key infrastructure, comprising: Housing Infrastructure Fund, Combined Authority Funding , City of York Council, Enterprise Zone borrowing and Local Enterprise Partnership. Benefits to the region • Contributes to the delivery of 2,500 new homes in the city centre • 112,000 sqm of commercial space including office accommodation • Additional £1.2bn in Gross Value Added (GVA) to the local economy • Additional 6,500 new jobs in the city centre • The world-class museum is hoping to attract 1.2m visitors per annum as part of its own £50m masterplan
OFFICIAL Leeds integrated station masterplan Leeds is the busiest station in the North and second busiest outside London, with 34m passengers per year. A strategic masterplan has been developed with key stakeholders including: Leeds City Council, HS2, Transport for North, West Yorkshire CA and Network Rail who came together to achieve this £500m investment. The objectives of the masterplan is to help the station become a major transport hub and functional business. And for it to form a civic gateway, major economic artery, and a “shop window” for rail and for Leeds city region. Benefits to the region • Contribute to the delivery of 24,000 new jobs in Leeds city centre • Contribute to the delivery of 8,000 new homes by 2028 • £55bn additional Gross Value Added (GVA) to the local economy by 2050 • Improved station capacity and integration with a new HS2 station • A ‘destination station’ with improved user experience and commercialisation opportunities • Addressing the increasing capacity for pedestrians/ passengers within the station to meet the projected growth in demand anticipated to be an increase of 81% by 2043
OFFICIAL A masterplan for London Victoria London Victoria is home to a vibrant mix Benefits to the region of residents and businesses, and in the • Improved integration with public transport modes, including last ten years has seen an increase in coach station development and investment in • Improve the look, feel and capacity of the station itself to transport. benefit passengers The partnership of key stakeholders on • Delivery of 1,000 new homes “Future Victoria”, a masterplan for new • Delivery of 4,000 new jobs by 2040 development opportunities in and around • Provision of an additional 29,000m2 of retail space the station, is comprised of Westminster City Council, Victoria Business • Environmental improvements for cyclists and pedestrians Improvement District (BID), Network Rail, • Enhanced walking routes to Pimlico, Belgravia and nearby the Greater London Authority, Transport attractions for London and landowners. • Enhanced social and community facilities in the area An anticipated £2bn is planned to be spent on the delivery of the scheme. Supported by a framework for transport and movement, commercial opportunities are a core focus. This includes property development and maximising third-party funding.
Discussion points: • What more can Network Rail do to be a better partner and stakeholder in driving regional economic growth? • Are there any initiatives in your local area that you are looking to develop in partnership with us? 15
OFFICIAL London Bridge station, transformed as part of the Thameslink programme
Appendix
OFFICIAL Some funding opportunities….. Levelling up fund Department for Business, Energy and Industrial Strategy £4.8bn fund to support town centre and high street (BEIS) public sector decarbonisation scheme regeneration, local authority projects, and cultural heritage £1bn fund local government proposals to enable net-zero assets ambitions Ministry of Housing, Communities and Local Development corporations Government (MHCLG) towns fund E.g. The East Midlands Development Corporation is an ambitious Requires “town deal boards” representing public and private new delivery vehicle for economic growth with £235m sectors to identify proposals that drive economic growth investment Strategic housing infrastructure fund (SHIF) National Infrastructure Bank Delivering 100,000 homes through £2.3bn investment in £22 billion of financial capacity enabling private sector and local local authorities government partnerships to increase infrastructure investment, help tackle climate change and promote economic growth. Future hight streets fund £830m fund to renew and reshape town centres and highstreets in a way that drives growth, improves experience and future sustainability
Key Contacts in Network Rail 14 Please engage early! Ideally right at the beginning. • Eastern Paul McKeown, 07713301885, Paul.McKeown@networkrail.co.uk • Northwest and Central Jadon Silva, 07436275492, Jadon.Silva@networkrail.co.uk • Wales and Western Francis McGarry, 07920155806, Francis.McGarry@networkrail.co.uk • Southern Paul Harwood, 07799 864 430, Paul.HARWOOD@networkrail.co.uk • Scotland Matthew Spence, 07825 766 724, Matthew.Spence@networkrail.co.uk • National/Cross Regional initiatives Tolu Osekita, 07710959895, Tolu.Osekita@networkrail.co.uk
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