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Station Gateway, Stevenage

At a Glance

Promoters: Stevenage Borough Council in partnership with ECF (Homes England, Legal & General, Muse), and Network Rail

Location: Stevenage, Hertfordshire

The Investment Proposition: Residential, hotel provider and future infrastructure

Asset Class: Living & Residential, Leisure & Culture, Commercial, Hotel Operator

Planning Status: Development Agreement expected by first half-2025, with imminent planning applications for early phases of residential and hotel

Delivery Timescale: Construction from 2027

GDV: £1bn

Total Site Area: 430,556.42 sq.ft

Planning Authority: Stevenage Borough Council

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Site Description

Station Gateway comprises the mixed-use regeneration of up to 30 acres of land around Stevenage railway station. It includes two Major Opportunity Areas identified in the Stevenage Local Plan (2019), which are central to the long-term prosperity of Stevenage Town Centre and the wider resident and business communities. 

The project masterplan builds upon Stevenage's history and heritage, and the borough's social and economic needs, in an authentic and sustainable manner. Station Gateway will provide a new front door to Stevenage through the provision of new amenities including high-quality housing and workspaces, a 175-key hotel, improved transport, green infrastructure and local amenities.

Stevenage is home to some of the UK economy's most important businesses such as Airbus, GSK and MBDA. It was one of the original New Towns, and Station Gateway will ensure Stevenage receives the level of investment needed to secure the future of these globally important companies and to attract future occupiers. It also supports Stevenage's wider potential to deliver 15,000 new jobs by 2040 and to increase the GVA to over £3.5bn in the same period. ECF and Stevenage Borough Council are expected to enter into a Development Agreement in the first half of 2025. Once completed, a planning application for the early phases for residential and the hotel will come forward imminently.