“After ten years in planning and development, alongside the innovation of the Workplace Parking Levy – our ambitious proposals to add two more lines to our tram network will now be realised”
“This is fantastic news for Nottingham. In these constrained financial and economic times it means a significant boost to the local economy, more jobs and better public transport for thousands of people.”
Nottingham City Council can now finalise the contract so that construction work can begin.
Notes to Editors
Today’s announcement allows Nottingham City to complete the remaining contractual steps which will allow construction of the Nottingham Express Transit Phase 2 scheme (NET2) to start. Advanced works including utility diversions will start in January / February with the main tramway construction starting in March 2012.
The Government is providing funding up to a maximum present value of £371m (discounted to 1st April this year at 3.5% real, assuming 2.5% inflation) towards the total maximum scheme cost of £570m.
Nottingham City Council will be providing the remaining funding largely from funds obtained from a Workplace Parking Levy.
Services on the new extensions are due to start in late 2014.
The first line of Nottingham Express Transit (NET) opened in March 2004. Phase Two consists of two new extensions:
The Chilwell and Beeston route running from the railway station to the south west of the city. It would serve the Meadows residential area, the ng2 development site, the region’s main hospital at the Queens Medical Centre, the University of Nottingham, Beeston town centre and Chilwell, terminating at a new park and ride site serving the A52, close to junction 25 of the M1.
The Clifton route running from the railway station to the south of the City. It would serve residential areas including the Meadows, the Wilford/Ruddington Lane area and the Clifton Estate, terminating at a new park and ride site serving the A453.
More About London to Nottingham Train: http://www.londontonottinghamtrain.com