City of York Council has reached a deal with government which could generate as much as £40m in additional funding to maximise the impact and benefits of York Central, the revitalisation of th4 45-hectare site alongside the railway station.
The deal – conditional on the York and North Yorkshire devolution deal being confirmed – will allow further financial support for key elements of site infrastructure.
York Central is one of England’s largest brownfield sites, and construction work on the key infrastructure needed to unlock the site is under way. The site will become a new part of York city centre and add vibrancy to city life, transforming underused land into a high-quality housing and commercial quarter.
York Central will power York’s economy into the future, with up to 1 million square feet of office, leisure and retail space helping to grow its economy by 20% and also provide up to 2,500 homes.
Councillor Claire Douglas, Leader of City of York Council said: “This is fantastic news for the whole city and is another show of government’s belief in this transformative project.
“We want York to be world-famous as a city with both a unique history and the ability to create great new places to live and work. The city needs modern commercial spaces and more essential affordable housing, and we are absolutely committed to York Central as an ambitious project to achieve that. There will also be sizeable green spaces created for public enjoyment and biodiversity, within our net zero commitments.
“We want a place residents are proud of, can enjoy and can benefit from, no matter where they live. It is vital that the York Central Partnership delivers its potential, and we look forward to working with partners to make this happen.”
Leon Guyett, York Central Project Director, Homes England said: “This is more great news for the project and demonstrates ongoing confidence in the scheme to future businesses and occupiers.
“Reserved Matters planning for the new Square is being submitted shortly and the announcement of a strategic developer partner is expected in early October, so things are gathering pace. We’re working closely with all stakeholders to build a well designed sustainable development that drives York’s future prosperity.”
