Developers confirmed for £650m York redevelopment
In a significant step forward for the regeneration of York Central, McLaren Property and Arlington Real Estate have been selected as the developers for the York Central scheme.
As part of a partnership between Network Rail, Homes England, the City of York Council, and the National Railway Museum, York Central is poised to become one of the UK’s largest city center regeneration projects.
The 45-acre project will include 1m sq ft of commercial space for retail, leisure and offices and is estimated to generate over £1.1 billion of Gross Value Added (GVA) annually for York.
£135m of infrastructure work is already underway to enable this major regional scheme to progress. These include over 3km of new roads, footpaths, cycleways and also include two new bridges over the East Coast Main Line.
The selection of McLaren Property and Arlington Real Estate as development partners marks a crucial milestone in bringing York Central to life. Their experience in delivering major mixed-use regeneration schemes, including Durhamgate, Newton Aycliffe, and Upper Brook Street in Manchester, makes them well-equipped to transform this underutilized railway land into vibrant and distinctive residential neighborhood with a thriving commercial quarter.
John Gatley, chief executive of McLaren Property, said: “We are proud to have been selected to deliver York Central – the most significant regeneration scheme in the north of England. McLaren have deep roots in Yorkshire, and we are committed to working with local stakeholders to enhance the great city of York.”
Allan Cook, founder of Arlington Real Estate, shared his passion for contributing to York’s rich heritage: “Having spent the last 15 years focusing on the delivery of large-scale mixed-use development schemes in the North of England we have witnessed firsthand the positive benefits, to both communities and the local economy, of large-scale regeneration. We are delighted to have been given the opportunity, alongside our partners McLaren Property, to be able to write the next chapter in the story of this great historic city.”