York Central infrastructure Funding Confirmed

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From gov.uk.

 

Homes England and Network Rail will be investing £77 million to ensure that York’s new city centre quarter development goes ahead, following confirmation of the route for the funding to the project from the Ministry of Housing, Communities and Local Government.

The announcement has been welcomed as a clear signal of the government’s commitment to levelling up and will provide certainty around another major development as the industry plans for recovery from Covid-19.

The government funding, subject to planning approval, will enable vital infrastructure to connect the site, including a bridge over the East Coast mainline railway. The infrastructure will unlock brownfield land with significant access problems and allow the development of up to 3,705 homes; up to 1.2 million square feet of commercial development including 80% Grade A offices and an enhancement of the setting and access to the National Railway Museum.

Investment in the York Central project was first announced in the March 2020 Budget. The Ministry of Housing, Communities and Local Government has now confirmed the amount of funding and handed responsibility for overseeing the infrastructure investment to Homes England and Network Rail.

 

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Link to York Funding story

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