The derelict former railway building in Mayfield Manchester is one of four areas highlighted this morning by the Government in its pledge to build up to 40,000 new homes on disused railway land
The site has the potential for 1,500 homes as part of its “brownfield first” approach and would create “vibrant” new communities.
The move,says the Government,will breathe life into forgotten corners of Britain’s railway land, from disused goods yards to vacant industrial sites, kickstarting £1 billion worth of new developments across the country.
It aims to attract £350m in private sector investment to help develop vacant industrial sites across the country, to create shops, green spaces and hotels as well as flats and houses.
The Government has created a new development company, called Platform4,putting together two existing bodies: London and Continental Railways and Network Rail’s Property Development Team.
Transport Secretary, Heidi Alexander, said:
Our railways are more than just connections between places – they create economic opportunity and drive regeneration.
It’s exciting to picture the thousands of families who will live in these future homes, the vibrant neighbourhoods springing up and the new businesses that will launch thanks to these developments.
Platform4 will breathe new life into these spaces, delivering tens of thousands of new homes as part of our Plan for Change promise to build 1.5 million homes, while reviving communities around rail stations, supporting jobs and driving economic growth.
