McLaren Property and Arlington Real Estate have agreed a deal with Homes England and Network Rail Property for 45-hectare development next to York station to deliver jobs, new homes and offices and retail.
The York Central scheme will be one of the UK’s largest city centre regeneration schemes, it will see 2,500 new homes (20% of which will be affordable) built, up to one million sq ft of office, retail and hospitality space, along with improvements to the York Railway Station and an enhanced National Railway Museum and the potential to generate up to 6,500 jobs adding £1.1bn GVA to the city.
Tom Gilman, Regional Managing Director 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.”
York Central will include a new 17-acre urban park, with 50% of the rejuvenated site set to be green space, along with vibrant public squares that will connect the new development to the surrounding neighbourhoods and the adjacent York City Centre.
Allan Cook, founder of Arlington Real Estate, said: “York Central is recognised as one of the largest city centre regeneration schemes in the UK and will deliver huge benefits, not only for the people of York and its visitors, but for the wider economy.
“Creating a brand-new city quarter right in the heart of York, with its own entrance to one of the UK’s best connected railway stations, is an amazing opportunity. We look forward delivering a great place worthy of its unique location and heritage.”
Work is already underway on site, preparing it for development, with £135m of infrastructure works currently underway delivering 2km of new roads including bus lanes, segregated footpaths and cycleways, along with two new bridges.
McLaren and Arlington have been undertaking initial community and stakeholder engagement and will continue to work closely with the local community on plans for York Central ahead of submitting plans later this year.
