Hunt begins for development partner for 45-hectare city regeneration scheme
Homes England and Network Rail have launched the procurement process to secure a strategic development partner for the York Central regeneration scheme, supported by JLL.
The Selection Questionnaire phase (Stage 1) of the tender process for the UK’s largest city centre brownfield regeneration project is now live.
JLL’s Development team will support the public sector partners through the procurement process, inviting prospective development partners to respond to the Selection Questionnaire through Pro Contract.
The successful development partner will be appointed to bring forward a 45-hectare mixed-use scheme, which is expected to grow York’s economy by 20%.
It will create up to 2,500 new homes and over one million sq ft of offices, retail and leisure space as part of a new commercial and residential quarter.
The first phase of the project is expected to deliver a maximum of 650,000 sq ft of commercial space and 700 residential units on the strategic development site – which is adjacent to York Railway Station and is predominantly owned by Network Rail and Homes England.
Mike Goulding, York Central project director at Homes England, said: “We’re really excited to be progressing the delivery of the country’s largest regeneration and truly transformative project at York Central to the next stage of developer procurement with our partner, Network Rail.
“Securing the right development partner will be key to delivery of a high quality, sustainable well designed quarter of the city delivering homes and jobs for thousands of people.”
Robin Dobson, group property director at Network Rail, said: “York Central is one of the most strategically important regeneration sites in the UK.
“Appointing a development partner will be a major milestone for this transformational project.
“The development partner will understand the size of the ambition we have for York Central’s new commercial, residential and cultural community, and how important the site is as an economic catalyst for Yorkshire and the wider North of England.”
Henry Burton, director of development at JLL, added: “Formally launching the procurement process to find a developer partner for the landowners is incredibly exciting.
“Through this process we will find a partner who understands the scale and vision of this site, as one of the UK’s select regeneration projects at scale.
“Over the next decade, York Central will enhance the city’s economy by attracting new businesses, boosting tourism and bringing much needed residential properties to the area.”
