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McLaren signs £1bn York regeneration scheme

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Homes England and Network Rail Property have signed a major deal with McLaren Property and Arlington Real Estate to be strategic development partners for York Central, a £1.1 billion regeneration scheme. 

York Central. Credit: Network Rail Property.

The development agreement will see the transformation of one of the largest brownfield sites in England (45 hectares) in York city centre, supported by City of York Council. 

The mixed-use development will see 2,500 new homes built on site (20 per cent affordable) and create up to 1 million sq. ft of office, retail, and leisure & hospitality space, along with improvements to the York Railway Station and National Railway Museum. 

It will also include a new 17-acre urban park, with 50 per cent of the site set to be green space, along with public squares connecting the development to surrounding neighbourhoods and the city centre. 

York Central has the potential to generate up to 6,500 jobs and will help to grow York’s economy by 20 per cent, Network Rail Property said.  

Work is already underway on site, preparing it for development, with £135 million of infrastructure works currently being installed, delivering 2 km of new roads including bus lanes, footpaths and cycleways, and two new bridges.  

Tom Gilman, regional MD of McLaren Property, said: “This is a fantastic opportunity for the city and a milestone moment in the delivery of York Central.  

“We are committed and passionate about providing much needed new homes, best in class commercial space, along with substantial green space, enhanced public realm and amenities, all of which will bring significant economic benefits and local jobs. 

“As York is my home city, I am genuinely thrilled to work with our partners, local stakeholders and the community on our vision to bring forward a scheme that will breathe new life and regenerate an unutilised brownfield site, connecting it to the great cathedral city of York.” 

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