New £50 million investment in infrastructure set to support growth of Milton Keynes
A housing and regeneration agency has provided Milton Keynes City Council with £50 million funding towards infrastructure to support the growth of the city.
The money, which comes from the Government’s Housing Infrastructure Fund programme, will help complete major road improvements in the east of the city.
The investment builds on £94.6 million that has already contributed towards the first phase of road improvements in Milton Keynes East, the area’s first primary school, Elverby School, which is set to open to children aged between four and seven in September 2027, and a community health hub.
The latest £50 million will enable the completion of key road links, with Milton Keynes City Council saying: “By delivering transport infrastructure ahead of development, the investment will help ensure new homes are supported by the connections people need while reducing pressure on existing roads.”
Milton Keynes City Council is set to enter into updated agreements with Homes England, the Government’s housing and regeneration agency, and Berkeley (St James), the leading developer at Milton Keynes East.
The new roads are expected to improve access to land earmarked for future growth to the east of the city, which has been identified in the draft Milton Keynes City Plan 2050.
Leader of Milton Keynes City Council Jane Carr said: "People rightly expect roads, schools and healthcare facilities to be provided alongside new homes, not years afterwards.
“This additional £50 million investment will help ensure Milton Keynes continues to grow in the right way, with the infrastructure needed to support new communities from the outset.
“This investment will help unlock new homes, jobs and opportunities while maintaining the quality of life that makes Milton Keynes such a great place to live, work and raise a family."
Stephen Kirwan, managing director of the leading developer Berkeley added: “This infrastructure investment will unlock the growth potential of Milton Keynes East and create a sustainable and well-connected new part of the city.
“Milton Keynes City Council stands out as an ambitious and pro-growth authority, and our partnership is on course to deliver 5,500 private and affordable homes, a 160-acre country park and a mix of community amenities.
“We are also delivering over 4,000 new jobs within the four million square foot strategic industrial hub on the southern part of the site.”