McLaren Property and Arlington Real Estate have been confirmed as the strategic developers for one of the UK’s largest city centre regeneration schemes.
Homes England and Network Rail have selected the duo as preferred developers for York Central.
York Central is being brought forward by a partnership between Homes England, Network Rail, City of York Council and the National Railway Museum.
York Central is a 45-acre site that will deliver up to 2,500 homes, 20% of which will be affordable, and create up to 1m sq ft of commercial space for offices, retail and leisure.
It will also include a network of public squares linking to surrounding neighbourhoods in the city centre, as well as improvements to York Railway Station and an expanded and enhanced National Railway Museum.
The landowners said McLaren Property and Arlington Real Estate had been chosen for their “significant experience in delivering major mixed-use regeneration schemes”.
Homes England chief executive Peter Denton said: “This is a major milestone in the important regeneration of York Central. Over the last few years, Homes England and Network Rail have worked closely with City of York Council to create a vision and masterplan, invest in critical infrastructure and build investment confidence. Our plan will now be accelerated through our chosen development partner for long-term delivery and stewardship.”
Robin Dobson, group property director at Network Rail, added: “This is a strategic step forward in the regeneration of over 110 acres of underused railway land to deliver significant investment and social value for the city and region.
“York Central puts infrastructure at the heart of a new residential, commercial and cultural neighbourhood. The project demonstrates the pivotal role Network Rail Property can play in unlocking sites which deliver growth, jobs and housing.”
JLL acted for Homes England and Network Rail in the developer procurement process.
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