Although the funding was announced today, Tuesday, 14 November, it forms part of the West Yorkshire Devolution deal that has already been announced and is in addition to £2bn committed to as part of Network North that will provide unprecedented levels of investment, in roads, buses and railways.
The site of the new station, its design, or the route that it will serve has not yet been decided. However, the planning will take into account how, while improving transport links and cutting journey times, the new station can best support regeneration in the surrounding area and maximise its potential to create new homes, jobs and local economic growth.
After the various requirements for the new station have been established, they will form part of a wider business case for the project that will include details on the station's proposed location and completion date.
Today's £400,000 announcement is in addition to a further £2.5bn pledged by Network North towards the West Yorkshire Mass Transit System that will improve connections between Leeds and Bradford, Huddersfield and Halifax.
Plans to electrify the Calder Valley Line between Bradford and Leeds are also proceeding which will reduce journey times from 20 minutes down to 12 minutes.
Rail Minister Huw Merriman said: “I have championed the case for a new railway station in Bradford for a long time and the funding announced today will make this commitment one step closer to becoming a reality.
“Bradford is soon to become the UK's ‘City of Culture' and our scheme to deliver a brand new station and railway line will help attract tourism, unlock access to neighbouring cities and provide the area with the huge regeneration opportunities it deserves to boost connectivity and economic growth.”
Councillor Susan Hinchcliffe, leader of Bradford Council, said: “It is good to see this moving forward, everyone has worked so hard for so long to get this progressed. Improving connectivity for Bradford to the rest of the North is so important to enable greater investment, jobs and opportunities. There can be no successful North without Bradford being successful.”