The government has confirmed that Toton will be part of the route for the high-speed rail link HS2.
Both Nottingham and Derby were keen to see the railway line go through their respective city centre but now Toton, which is in Nottinghamshire and close to the border of Derbyshire, will get the station for the East Midlands.
The line will provide a fast link to London with trains expected to take around 50 minutes to get to the capital from Toton.
The HS2 regional rail hub will be constructed on existing rail land at Toton, with four ordinary rail platforms and two high-speed through lines.
The proposal also includes associated commercial and housing development close to the site.
Independent research has concluded that this stretch offers the best value for money on the whole HS2 network, delivering overwhelming economic benefits worth over £4 billion boost every year.
The eastern leg of HS2 covers a huge swathe of the country with an area of 8.6 million people and 3.6 million jobs.
Nottingham City Council leader, councillor Jon Collins, said: “Along with other councils in the region, we have been strong supporters of proposals for the eastern leg of HS2 with a station at Toton, so we’re pleased about the government’s announcement.
“It provides some certainty and allows us to move forward positively with plans which will maximise HS2’s benefits for Nottingham and the wider region.
“As well as the obvious and overdue improvements in train journey times, HS2 will bring huge potential for new investment and jobs in the region.
“We can now develop our plans to make sure that local people, local businesses and the local economy gain as much as possible from this once-in-a-generation opportunity.”
The government has said that the new HS2 trains will carry over 300,000 people a day and will triple seats available out of Euston at peak hours, freeing up space on the existing network for additional commuter and freight services.
HS2 is expected to create around 25,000 jobs during construction as well as 2,000 apprenticeships. It will also support growth in the wider economy, worth an additional 100,000 jobs.