McLaren Property and Arlington Real Estate have signed a development agreement with Homes England and Network Rail on the £1.1bn plan to redevelop a 45ha swathe of central York.

The 10-year deal marks a major step forward for the long-running York Central project, which will see the construction of 2,500 homes, 20% of which will be affordable, one million sq ft of office and retail space and a 17-acre park.

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