Neighbourhoods in Manchester, Newcastle, Nottingham and Cambridge will be transformed with homes, green spaces, shops and hotels
Thousands of potential homeowners and families are set to benefit from new high-quality homes built on surplus railway land, as the Transport Secretary, Heidi Alexander, unlocks brownfield sites across the country for development.
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In a major boost for working people wanting to rent or own their first property, the government is today (30 July 2025) unveiling the new company, Platform4, to kickstart the delivery of up to 40,000 new homes over the coming decade by transforming surplus land into thriving communities.
Previously, London and Continental Railways Ltd and Network Rail’s Property Team operated independently, each managing different aspects of surplus rail land across the UK.
This fragmented approach often led to inefficiencies, duplicated efforts and missed opportunities for strategic development.
Now, Platform4 will bring these 2 functions, skills and capabilities together in a unified structure to deliver 40,000 homes over the coming decade by disposing of surplus rail land, attracting private investment and accelerating community regeneration. By working together, instead of separately, Platform4 is expected to generate an additional £227 million by delivering at greater pace and scale.
The move will breathe life into forgotten corners of Britain’s railway land, from disused goods yards to vacant industrial sites, kickstarting £1 billion worth of new developments across the country.
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Neighbourhoods in cities including Manchester, Newcastle, Nottingham and Cambridge will be transformed with homes, green spaces, shops and hotels – creating thousands of jobs.
Launching the government-owned property company and appointing the Chair, Bek Seeley, marks a significant milestone for the government’s Plan for Change commitment to build 1.5 million homes, with Platform4 aiming to attract more than £350 million in private sector investment.
The company will tackle the challenges associated with building on railway land and will form partnerships with other public sector landowners to make the land more attractive to private developers.
Transport Secretary, Heidi Alexander, said:
Four sites already earmarked for development include Newcastle Forth Goods Yards, Manchester Mayfield, Cambridge and Nottingham, which together will see over 2,700 new homes delivered and brownfield land transformed into vibrant neighbourhoods:
Deputy Prime Minister and Housing Secretary, Angela Rayner, said:
Platform4 will champion putting stations at the heart of communities, unlocking growth, regeneration and opportunities in surrounding and connected areas. The company has been formed from the merger of London and Continental Railways Limited and Network Rail’s property development team.
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Profits generated from the property company will be reinvested into Britain’s railways, supporting better services and infrastructure while delivering value for passengers and taxpayers.
Platform4’s creation demonstrates decisive action taken by the government to help rebuild Britain, helping to deliver new homes and the critical infrastructure that underpins economic growth. This infrastructure delivery will drive future productivity and higher living standards across the country, creating opportunities for businesses and workers alike.
An established leader with a wealth of experience in transport-led regeneration, Bek Seeley, will chair Platform4.
Having previously worked across both the public and private sectors, Bek led Lendlease’s development business in Europe for several years and now works in various roles supporting complex regeneration projects across the UK. Bek is also Chair of the Euston housing delivery group, delivering ambitious regeneration and housing for the local area.
Bek Seeley, Chair of Platform4, said:
Ian Hoad, CEO of Keepmoat, said:
Helen Gordon, CEO of Grainger plc, said:
Neil Jefferson, CEO at the Home Builders Federation, said:
British Property Federation said: