The Commission will bring together a range of experts from across the worlds of transport, business and the public sector. Its remit will be to take forward all the key considerations in developing the project such as the size, functions, location and orientation of the station, working with partners on all elements leading towards its development.
A full connection to both Northern Powerhouse Rail and HS2 will reduce journey times between Liverpool and Manchester to around 23 minutes, Liverpool and London to around 89 minutes and will increase both passenger and freight capacity on our rail networks.
This will deliver an economic boost of £15 billion GVA to the Liverpool City Region, with 24,000 new jobs, 11,000 new homes and 3.6 million additional visitors a year.
These figures do not include the direct cost of delivering the scheme and the development, design and construction spend in our city region for the new lines and supporting infrastructure.
That alone is expected to be in the order of a further £6 billion, creating thousands of additional jobs and a massive additional economic benefit to the Liverpool City Region during the construction phase, which will spread over approximately 10 years.