Stations as Gateways to Opportunity
A report by the Railway Industry Association proposes a new investment model for railway stations to enhance transportation, housing, and growth.
The report, Station Investment Zones: A new model for investment in transport, housing and growth, suggests that Britain's 2,600 stations are an untapped resource for regenerating local communities and increasing the housing supply.
- The report recommends creating Station Investment Zones, adapting the existing Investment Zone model to cover an 800-metre radius around stations.
- Within these zones, planning and tax incentives would support new housing, commercial development, and improved transport.
The 2,600 stations in Britain could and should be harnessed for the regeneration of local communities and increasing the supply of housing.
The report is being launched in Parliament, urging the creation of these new zones to boost transport, housing, and growth.
Author's summary: Railway stations can drive local growth.