Up to 40,000 homes to be built on disused railway land
UNITED KINGDOM, JUL 29 – Platform4 merges two government bodies to develop brownfield railway sites, aiming to deliver 40,000 homes and attract over £350 million in private investment over ten years.
- The government aims to build up to 40,000 new homes on disused railway land, attracting £350m in private investment to create vibrant new communities with shops, green spaces and hotels.
- Industry groups warn that plans face obstacles including strains on infrastructure, construction backlogs, and regulatory delays holding up at least 40,000 new homes.
- The government says the developments will support jobs, growth, and provide much-needed homes near railways which "already connect up local and regional communities".
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Railway land to be transformed into neighbourhoods with 40,000 new homes | Today's Conveyancer
Brownfield railway land in Manchester, Newcastle, Nottingham and Cambridge is set to be transformed into neighbourhoods, with 40,000 new homes, green spaces, shops and hotels. The surplus rail land has been earmarked for £1 billion of development over the next decade, the government has said, with 15,000 of the homes to be completed in the next five years. Four sites already earmarked for development include Newcastle Forth Goods Yards (600 new …
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Total News Sources32
Leaning Left3Leaning Right1Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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