Disused railway land to be transformed into new homes

• The government has launched Platform4, a new property company, tasked with overseeing the development of up to 40,000 new homes.
• These homes will be built over the next decade on brownfield sites located on surplus railway land across England and Wales.
• Platform4 aims to streamline the process of releasing land for housing, addressing previous inefficiencies from a fragmented approach.
• Profits generated by the new company will be reinvested directly into Britain’s railway network, projected to deliver an additional £227 million.
• Initial locations earmarked for regeneration include Newcastle Forth Yards, Manchester Mayfield, Cambridge, and Nottingham.

IN FULL

40,000 new homes to be built on railway land across Britain