Rail Network and House Building

April 15, 2016

In a recent press release from the Gov.Uk website on the subject of Rail Network and Housebuilding it headlines ‘Regeneration of stations set to deliver thousands of new properties and jobs’

A massive programme of development of railway stations and surrounding land will deliver thousands of new homes and jobs and significantly boost local growth.

Communities Secretary Greg Clark said:
“We’re determined to fire up communities and back local business so they build much needed housing and create thousands of jobs. 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.

“With record numbers of people travelling by train, it makes sense to bring people closer to stations and develop sites that have space for thousands of new homes and offices.

“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:
“We are delivering the biggest programme of rail improvements since the Victorian age and have seen the transformation of stations such as Birmingham New Street, Manchester Victoria and London Kings Cross.

“As a one nation government we are determined to ensure further opportunities are grasped to put stations at the heart of wider community regeneration. This will help deliver thousands of new homes and jobs and deliver a substantial return to the taxpayer.

“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. I look forward to seeing how Network Rail and the Homes and Communities Agency’s excellent work on these projects develop”.

 

Read the full press release on their website click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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