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At a Glance
Promoters: Muse Places on behalf of English Cities Fund (ECF) a partnership between Homes England, Muse and L&G
The Investment Proposition: Housing and Employment space, the scheme offers a combination of income potential, long-term value growth and portfolio diversification, within a well connected, transport-led location.
Asset Class: Mixed-use (Residential, Commercial, Leisure, Education, Transport-led regeneration)
Planning Status: Development agreement signed (2025), initial masterplan progressing into early design and planning
Total Site Area: 30.5 acres
Delivery Timescale: Construction anticipated in 2028
Financial Scale of Project: c£1bn (£200million investment opportunity)
Location: Stevenage Town Centre
Site Description
This £1bn phased regeneration delivers a rare, de‑risked opportunity at the heart of Stevenage’s high‑growth innovation corridor.
Backed by significant public‑sector partnership and over £50m already committed to infrastructure, the scheme offers strong, risk-adjusted returns underpinned by sustained demand from major employers such as GSK, Airbus and MBDA. Spanning 30.5 acres directly adjacent to the railway station, the project brings forward 1,100+ homes, 60,000 sqm of employment space and a 175-key hotel, with capacity to support up to 15,000 jobs and representing c. £200m of investable opportunity. Early operator interest and its transport-led location create a compelling platform for long‑term value growth, diversified income and flexible capital deployment.
Positioned at the gateway to the town centre and designated as a Major Opportunity Area, the site offers one of the region’s most significant mixed‑use development prospects. Its direct connectivity to London and proximity to established life sciences and advanced engineering clusters strengthens occupational demand, while the scale and master planned structure support phased delivery and multiple investment entry points. This is a prime chance to shape a flagship economic hub with enduring investor appeal.