High Speed Two

(asked on 10th October 2014) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what the total cost was of relocating HS2 Ltd from Eland House, Bressenden Place to 1 Canada Square.


Answered by
Robert Goodwill Portrait
Robert Goodwill
This question was answered on 15th October 2014

HS2 Ltd had to move from Eland House as that property will be redeveloped. The decision to leave Eland House was a GPU/Government level one as part of a wider rationalisation and the move builds on HS2’s commitment to drive down costs. The properties have been secured on short term leases through the Government Property Unit ensuring the best value office space that provides substantial savings to the taxpayer and the rent payable at Canary Wharf is lower than the rent at Eland House. The total savings over the next 4.5 years is £9,947,397. The total cost of relocating HS2 Ltd from Eland House, Bressenden Place to 1 Canada Square was £ 5,288,747, including acquisition, fit out and commissioning costs.

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