Land owners around train stations in the UK could be about to benefit from a massive development programme which the government hopes will deliver thousands of new homes, writes property developer Richard Carr.
The government are aiming to build around 10,000 homes around rail stations and already three local authorities have come forward with ambitious proposals to revitalise town centres.
York, Taunton and Swindon councils have already drawn up proposals in a bid to spearhead the new initiative and have picked railway sites which they believe could be pooled to deliver housing. In total, the government wants to hear from at least 20 local authorities to take the scheme forward.
Developments of this type have already proven successful following the transformations of Birmingham New Street, Manchester Victoria and London Kings Cross. The government is committed to bringing together high calibre technical expertise and local knowledge to increase development opportunities.