The UK government has announced the creation of a Greater Cambridge Development Corporation to accelerate infrastructure‑first growth in the region. The new body will bring land together for development, invest in key sites and unlock stalled or derelict land, with the aim of delivering thousands of new homes, jobs and long‑overdue transport links. Up to £800 million has already been committed to kick‑starting development around Cambridge and Oxford, to increase affordable housing, upgrade transport and create green spaces. Housing Secretary Steve Reed said the corporation would help turn the area’s potential into more affordable homes, good jobs and infrastructure that supports communities. The corporation will work with local leaders, businesses and communities to bring certainty and momentum to the Oxford‑Cambridge Growth Corridor.
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