The contractor is now underway with pre-construction services on the scheme, which will see a new city station built as part of the £132m Wolverhampton Interchange Partnership.
Plans include demolishing the existing station and replacing it with a new one by early 2019.
Features include an enhanced Birmingham New Street style ticket office, larger passenger concourse, ample ticket barriers to ease flow onto and off platforms, much improved retail and café facilities, increased taxi rank provision and a more efficient passenger drop off/pick up arrangement.
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Cllr John Reynolds said: "Enabling works are starting on the railway station building and the people of Wolverhampton can look forward to seeing the emergence of a station befitting of their city.
"There is £3.7 billion of investment currently on site or in the pipeline across Wolverhampton.
"As part of this regeneration it is crucial visitors to our city get the best first impression possible and their travel experience is enhanced - this new state-of-the-art station will deliver that."
Steve Parry, Managing Director of Neptune Developments, said: "Galliford Try have vast experience in complex regeneration schemes and are also one of our industry leaders in constructing towards a sustainable future. We are looking forward to starting full works on this fundamental component of the Wolverhampton Interchange programme."
Simon Courtney, Area Director of Galliford Try, said: "We are delighted to have been selected as preferred contractor on this significant regeneration project for Wolverhampton. We look forward to successfully working with our client and wider stakeholders to provide the local community with an enhanced new station and improved facilities."
(LM)
