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A final £1 billion proposal has been prepared by Union Railways for a Channel Tunnel terminus at St Pancras, North London.The bid considerably undercuts a rival £1.4 billion scheme to develop nearby Kings Cross.Union Railways, a British Rail agency preparing plans for the Channel Tunnel Rail Link, proposes an extension of the raised train deck by 250 m to the north of the existing St Pancras train shed.Inside the arch, nine tracks would be constructed for InterCity services and international trains.Costed within this price are a £160 million Thameslink station under Midland Road and a 300 m four-track approach viaduct from the North London Line.The buffer line is to be moved 30 m north to allow Underground passageways to be built and an international concourse will be formed in the station's undercroft.An additional platform for Inter-City trains will be constructed on decking to the west of the platform extension.Another raft will be built to the east to cater for express services from Kent and Essex and a 25 m wide domestic platform will contain three 300 m long platforms to cater for 12 coach trains.Up to 1 km of new roads will be needed around the station and these include a roundabout at the north end of St Pancras Way.Plans will be presented to the Government at the end of this month and a decision is due in December. CONSTRUCTION NEWS