The HS2 Ltd construction headquarters will be based in Birmingham, creating 1,500 jobs in the region.
Transport secretary Patrick Mcloughlin and Birmingham City council leader Sir Albert Bore are expected to make the announcement today.
The development is part of the new Birmingham Curzon Urban Regeneration Company, launched to help maximise the benefits of HS2 in the region.
Mr McLoughlin is expected to say: “HS2 is a vital part of our long-term economic plan. By locating the new HS2 engineering HQ in Birmingham, we are bringing skilled job opportunities into the area, spreading HS2’s benefits beyond those using the new rail line.”
The Curzon urban regeneration will include:
- Redeveloping more than 140 ha of land
- Creating 14,000 jobs
- Providing 600,000 sq m of new employment floor space
- Providing space for 2,000 homes
- Contributing up to £1.3bn a year to the local economy
The first phase of the headquarters will open in 2015. Some London-based employees will move to the new HQ, but the majority of positions will create new jobs for the region.
Jobs will include engineers and designers responsible for detailed track construction plans, stations and signalling, and support staff.
The government’s recently announced Growth Deals will provide £130m to the area, bringing forward the Midland Metro extension work.
The planned extension will bring tram services to Birmingham centre and link the HS2 terminus with local transport.