Up to 40,000 new homes will be built on surplus railway land in England over the next decade as Labour looks to get its housebuilding on track.
Transport secretary Heidi Alexander announced the plans on Wednesday (30 July), promising new homes for working people wanting to rent or become first-time buyers.
The government is setting up a new company called Platform4 to manage the developments on brownfield land, combining operations from London and Continental Railways Ltd and Network Rail’s property team.
Targeting new homes on forgotten corners of Britain’s railway land, from disused goods yards and vacant industrial sites, will deliver £1 billion worth of new developments across the country, the government claimed.
The derelict Manchester Mayfield station is among the plots targeted for new homes alongside Newcastle Forth Goods Yards and projects in Cambridge and Nottingham. Ministers said these four projects will deliver a combined 2,700 new homes.
Earlier this year, Big Issue looked at the possibility of building new homes around – and above – railways as an option for the Labour government to make the most efforts to build 1.5 million homes while in power.