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Final multimillion-pound rail station funding to be approved

Source: https://www.insidermedia.com

A total of £39.4m in funding to transform Coventry Rail Station could be approved at the end of the week.The West Midlands Combined Authority will meet on Friday (9 March 2018) to vote on the Devolution Deal funding for the masterplan project, which is promoted by Coventry City Council.The funding forms part of the £82m programme of works to increase capacity at the station.A total of £42.6m has already been secured from a number of sources including Coventry and Warwickshire Local Enterprise Partnership (CWLEP), Department for Transport (DfT) and prudential borrowing via the city council.The masterplan includes a second building, a 644-space multi-storey car park, a new footbridge connecting all platforms and a pedestrian underpass as well as a new bus interchange.