BBC trade correspondent
The UK government has promised to construct 40,000 new houses on railway land including former goods yards, industrial sites and station buildings in the next ten years.
The £ 1BN development plans will begin with prior identified projects in Manchester, Newcastle, Nottingham and Cambridge.
The government said it was part of its “Brownfield First” approach and would create “vibrant” new communities.
However, an interim target of 15,000 in the first five years is a small part of a total of 1.5 million new houses that the government has promised by the end of this Parliament, plans that are already facing major obstacles.
The government aims to attract £ 350M in private sector investment to help develop vacant industrial sites across the country, so that shops, green places and hotels as well as flats and houses can be built.
This is part of your elder Promise to deal with housing shortage Across the country.
However, those schemes face a variety of obstacles, including a lack of capacity in the construction industry to construct strains and new houses on local infrastructure such as water, sewage, school and healthcare.
Industry groups say that there are already backlogs, with hundreds of homebuilding projects conducted by regulatory barriers.
A new development company, called platform 4, is being made by rolling two existing bodies together: London and Continental Railway and Network Rail property development team.
Currently both have responsibility for managing unused railway land, but the Transport Department stated that this “fragmented approach” gave birth to “disabilities, duplicate efforts and missing opportunities”.
Transport Secretary Heidi Alexander said that new development would support jobs and promote development and also provide very essential houses.
“It is exciting to portray thousands of families that will live in these future houses, spring in the vibrant neighborhood, and new businesses that will launch thanks to these developments,” he said.
Beck Sele, president of London and Continental Railway, has been appointed as the Chairman of Platform 4.
However, the Industries Group National Federation of Builders (NFB) said the scheme was preventing progress on existing building projects on a scale equal to the new schemes of the government.
According to NFB, at least 40,000 new homes are being conducted by regulators, including 700 projects waiting for Go-Farward from Building Safety Regulator, which was installed to oversee high-risk buildings after the Grenfel Tower Fire.
NFB also stated that delay in the scheme was also causing small businesses to leave the construction industry, with training and knock-on impact on trainees.
NFB head and market insight chief Rico Wijtulwickz said that the construction of the house near railway lines was a “winning blueprint” as stations “already connect local and regional communities”.
But he said that the government’s policy elsewhere was connecting the building costs “on at least ten fronts”.
The building safety regulator stated that several applications “had taken over the process for more than anticipated” and said that it was rejecting about 70% of applications as they did not meet legal requirements.