Published: Thursday, 14th April 2016
Ministers insisted this week that a massive programme of development of railway stations and surrounding land could deliver thousands of new homes and jobs and significantly boost local growth.
The government believes that up to 10,000 homes could be built around rail stations and named three local authorities which have already come forward with ambitious proposals for the first sites that will help revitalise town centres
Communities Secretary Greg Clark highlighted a new agreement between Network Rail and the Homes and Communities Agency which will see them working with local councils on trail blazing development opportunities. Ministers want to hear from at least 20 local authorities to take the scheme forward.
York, Taunton and Swindon councils have come forward with proposals to spearhead the new initiative and have identified railway sites that could be pooled to deliver housing and other locally-led regeneration.
Drawing on the example set by the transformation of Birmingham New Street, Manchester Victoria and London Kings Cross, the government is bringing together technical expertise and local knowledge to increase development opportunities across the entire rail estate.
Communities Secretary Greg Clark said: “Rail stations are a hub of communities, connectivity and commerce and should be making the most of their unique potential to attract investment and opportunities.
“This new initiative will bring about a step change in development and ensure we go further and faster in putting these rail sites to good use.”
Transport Secretary Patrick McLoughlin said: “I’m pleased to see that exciting visions for regeneration at Swindon, Taunton and York are being developed, with the potential for hundreds of additional homes and new businesses.”