Following an announcement by the Government today (11th March 2020), York has secured significant investment to progress the development of York Central and deliver more homes, better paid jobs, and new community spaces on a city-centre brownfield site.
The Government have confirmed: “Additional housing investments in York Central, Harlow and North Warwickshire totalling £328 million.”
The new investment will contribute to the £155m funding package put together by the Council and other York Central Partnership members, including Homes England, Network Rail and National Railway Museum. The £155m package will be used to deliver essential infrastructure on site, including the access road bridge and spine road through the site, a pedestrian bridge on Water End and a rail link to the National Railway Museum.
The York Central development will provide a £1.16 billion boost to the economy. The approved planning application for York Central includes proposals to build up to 2,500 homes, including affordable homes, and a commercial quarter creating 90,000m2 of high quality office space.
The planning application also includes:
• Pedestrian and cycle route provision into and through the site;
• Low levels of parking spaces;
• The highest sustainable design standards built into the design guide;
• Around £15m developer contributions to encourage more bus passengers, cyclists and pedestrians.
Councillor Keith Aspden, Liberal Democrat Leader of City of York Council, said:
“After many months of lobbying, I am delighted to secure this significant investment in our city and finally, work towards progressing the York Central development.”
“This announcement is a strong endorsement of York Central, and we look forward to taking the project forward to deliver new homes, up to 6,500 better paid jobs and fantastic public, green and cultural spaces for the whole city to enjoy. The scheme will also set new standards for sustainable living and clean growth; utilising brownfield land in the heart of the city.”
“York Central has been talked about for decades, and now this administration is moving it the project forward to the benefit of residents across the city. Following the budget announcement today, the Council will work with the York Central Partnership and the Government to work through the detail of moving this project forward over the coming days.”