Haymarket is Edinburgh’s second largest station after Waverley and passenger numbers are predicted to increase from 4M to 9M by 2031 with trams stopping at the station from 2011 and an increase in scheduled train services.
The plans include expanding the station concourse from 3,000m2 to 8,700m2 and improving the links between trains, trams, taxis and bicycles. This phase would cost £76.9M and be publicly funded.
The second phase would include £113.6M private investment in commercial and retail developments.
Meanwhile with the last of the contracts for the Edinburgh tram scheme to be awarded next week, Transport Initiatives Edinburgh (TIE) has announced that construction of the tram infrastructure
will start next month.
"As this next phase progresses, with rails being laid and tram stops being built, we will be able to see where trams will run on our streets,” said Edinburgh City Council transport convener Phil Wheeler.