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The Property Podcast

TPP193: Major infrastructure projects you should know about

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 24 November 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

This week's podcast is all about the major developments in the planning that you need to be aware of. HS2 route 2 announced The second phase of this development has now been announced and there are some unexpected winners (Wigan and Crewe, we're looking at you) and some potential losers. Not just for train geeks (like our very own Rob B), this link demonstrates just how commutable these northern cities are - 55 mins from Crewe to London, anyone?! Heathrow Expansion - Not just big news for London The Airports Commission have estimated that Heathrow expansion will create up to 179,800 jobs and up to £211bn in economic region benefits across the UK by 2050. Crossrail 2 Overcrowding on the Tube is forecast to double by 2041, and National Rail services will face similar challenges! Crossrail 2 would increase central London’s rail capacity by more than 10 per cent. You can check out the submission to the National Infrastructure Commission right here.  Northern Hub Rail improvements A £1 billion pound project to electrify railways in the northwest, slashing journey times and increasing capacity (not to be confused with HS3). This also includes station upgrades, new and improved lines. It will increase the number of passenger train services across the region by 40%. Journey times will fall between Liverpool, Manchester and Leeds. The Multiple Billion Pound Projects in Manchester Piccadilly Station - HS2 Hub. Read the details on this one here. Manchester Airport Said to be the biggest single construction project ever to take place in Greater Manchester, the 10-year scheme will more than double the size of Terminal Two and link it to an improved Terminal Three.  Doubling the number of airport jobs to 40,000 within 30 years and adding 10m annual passengers in just a decade, the move bolsters Manchester’s battle for the government to recognise the true worth of regional airports and underlines Manchester Airport’s place at the heart of The Northern Powerhouse.  Manchester Place (£3bn)  10,000 new homes being built over 150 acres Paradise Project in Birmingham HS2 and banks relocating aren’t the only thing getting the headlines in Birmingham. Paradise Project is considered one of the biggest city centre regen projects outside of London. £500m will be spent on shops, offices and improving the layout of the city centre. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Well the headline of this episode's probably got you hooked and rightly so we have some major developments you really need to know about.

0:07.0

I'm Rob B. Of course with Rob D and you are listening to the Property Podcast. This is episode 193. All will be revealed very soon.

0:17.0

Yes, welcome to the property podcast. Thank you for joining us.

0:22.0

Rob, you've given it the buildup.

0:24.0

Are you leaving it to me now to knock it down again?

0:26.0

How can you knock this down?

0:28.0

I'm excited about this episode.

0:29.0

Okay, well the major developments we're referring to

0:31.0

could be construed as slightly misleading, but we're talking about big infrastructure developments

0:35.9

So whatever you were thinking it was we're talking about big infrastructure projects which you do need to know about because they have a major bearing on property investment and

0:44.2

there's lots of them so we're going to run through a whole load of those in this

0:48.3

episode. Before we get into that though, it's come round again.

0:52.5

It's meet-up week again next week.

0:54.7

I don't know what's happened to the second half of this year.

0:57.0

It's absolutely flying.

0:59.3

But the first Thursday of the month is coming up next week. That means it of course is Meet Up Week.

1:06.8

It's going to be the last meetup of the year and Rob we've discovered how to get you to go to places

1:13.8

because you went to St. Albans last Christmas and they made sure you're coming back. Yeah

1:17.6

completely by chance but the first time I returned to St. Albans is Christmas

1:22.4

again and that has absolutely nothing First time I return to St. Albans is Christmas again.

1:23.2

And that has absolutely nothing to do with the fact

1:26.8

that Mint Pies were there last year.

...

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