It is understood that a decision has not yet been made on whether trains will be able to travel through the new railway station, or change direction and reverse out, as is currently the case.
According to the government, the new station – operated by publicly-owned Great British Railways – would provide more frequent trains and improved journey times to and from Bradford.
A statement said multiple trains an hour would run “frequently enough that passengers won’t need to check a timetable before going to the station”.
Stephen Place, Reform UK’s leader of Bradford Council, said the latest announcement was “a major milestone for Bradford and the North”.
“The government’s commitment to improving Bradford’s national rail connectivity removes one of the city’s biggest barriers to growth,” he said.
“This funding unlocks the next stage of work, with engineering studies now set to begin which will determine the final scope of the new station.
“We have always been clear that a city centre station delivers the greatest regeneration benefits.
“Better connections across the North will connect more people to jobs, skills and opportunities, while helping businesses to grow.”