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Up to 40,000 homes to be built on disused railway land
Platform4 merges two railway property teams to streamline brownfield development, aiming to attract over £350 million in private investment and deliver 15,000 homes in five years, officials said.
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".