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Agreement with Homes England and Network Rail to build 2,500 homes and commercial premises
McLaren Property and Arlington Real Estate have signed a progression agreement with Homes England and Network Rail on the £1. 1 billion plan to redevelop 45 hectares of central York.
The 10-year agreement marks a major milestone for the York Central project, which will see the structure of 2,500 housing units, 20% of which will be affordable, one million square feet of retail space and a new park.
Located between York Station and the National Railway Museum, it is one of the largest derelict sites in the UK and aims to create a new main mixed-use hub in the city centre.
The museum and exercise station will also be updated from the master plan designed through Allies.
Sisk is already weathering £135 million worth of infrastructure paints on the site, adding 2km of new roads, bus lanes, footpaths, cycle lanes and two new bridges connecting the site’s rail lines to surrounding neighbourhoods.
>> See also: Sisk wins £100 million infrastructure deal from York Central project
McLaren Property regional managing director Tom Gilman said the progression agreement was “an opportunity for the city and a milestone” for the project.
Robin Dobson, Head of Real Estate at Network Rail Group, added: “York Central is a huge undertaking and, given its scale and importance to the region, the signing of the progression agreement is a major milestone. “
The building permit application for the site was submitted almost six years ago, in August 2018, after two years of development. After gaining general approval the following year and permission from the then Communities Secretary, James Brokenshire, the plans were nonetheless approved in detail in 2021.
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