Ministers have approved £10 million of Government funding for the redevelopment of Northampton station.
The redevelopment is the first step in a regeneration project in the town which will ‘stimulate the growth of Northampton’s economy creating opportunities for thousands of new jobs’, the Department for Transport said.
Transport Secretary Justine Greening said:
“Northampton deserves a station that will be a brand new ‘Gateway’ to the town and stimulate the redevelopment of the station area. But more importantly it will give a boost to the Waterside Enterprise Zone and its ambitious plans to unlock the town are potential and encourage more businesses into the area.
“After the Northampton Waterside Scheme was designated as an Enterprise Zone last year, Northampton and local MPs, led by Brian Binley, made a great case for extra Government investment in Northampton Station and I’m proud that we have been able to provide this funding.”
Together with funding from Network Rail and Northamptonshire County Council the Government’s contribution will go towards phase one of the redevelopment scheme which includes a new station building and access to the platforms.
The West Northamptonshire Development Corporation will now look at how they can take forward subsequent phases of the £20m redevelopment which will include a new larger car park and release of land for commercial opportunities close to the station.