 At an estimated cost of €2 billion, the project is funded and managed by Barcelona Sagrera Alta Velocitat (BSAV), a public partnership made up of the Spanish Ministry of Public Works and Transport, the Government of Catalonia and the Barcelona City Council.The idea of a new central station at this location has appeared on local transport projects since the late 1960s.Before being demolished in 2007 with the start of the previous works to the construction of the new station, a major goods station on the Barcelona–Cerbère railway, built between 1918 and 1922, had operated at the location.