'Inflation' and 'economic pressures' blamed for £10m Leeds Rail Station improvement costs increase

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'Inflation' and 'economic pressures' blamed for £10m Leeds Rail Station improvement costs increase
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Around £9.737m has already been spent on ongoing development works at Bishopgate East, Neville Street and Dark Neville Street ahead of the main construction programme

stated: “On the 22nd June 2022, Executive Board approved the injection into the capital programme and authority to spend of £25.912M. Inflation and risk increases due to external economic pressures incurred over the last six months has increased this figure to £36,362.9m.”

The document added that the extra £10.451m of funding is expected to be approved by West Yorkshire Combined Authority next month. The funding from the project is set aside from the Government’s Transforming Cities Fund, which granted West Yorkshire £317m to spend on transport and infrastructure projects.Other parts of the scheme include environmental enhanced lighting, road surface and pavement treatments and urban art installations in Neville Street and Dark Neville Street.

New “high quality cycle infrastructure” will also be included on Neville Street, as well as improvements to cycling infrastructure in surrounding communities. A high quality 700-space cycle hub with electric charging points at the station will also be created, as well as new commercial space nearby. It is anticipated that the main construction works will start in January 2023 and complete in October 2025.

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