A housing-led vision for the Euston area, and why this matters beyond London
MHCLG has published a 52-page opportunity brochure setting out a housing-led vision for the Euston area. This article explains what is proposed, what the key delivery mechanisms are, and lessons public sector bodies across England can draw from the approach.
Background
The Euston Housing Delivery Group (EHDG) was established in October 2024, in partnership with the London Borough of Camden and the Greater London Authority, to assess housing and wider regeneration opportunities in Euston.
The opportunity brochure reflects collaboration across central, regional, and local partners and sets out a housing-led vision for Euston over the next 30-plus years, with the potential to deliver around 6,000 homes, including a significant proportion of affordable and social rented homes, alongside estate renewal, additional social infrastructure and public realm improvements.
It is not a site-specific investment memorandum, a statutory planning document, a planning application, or a detailed masterplan for individual sites; it is intended to create a clearer bridge between the shared housing-led vision and the practical delivery work that will follow through the Strategic Delivery Framework, including the testing of infrastructure priorities, phasing, funding, and viability.
Why this matters beyond London
Euston is, in some respects, uniquely complex. But the underlying challenge it represents (how to translate significant public land, sustained public investment, and acute housing need into actual homes) is not unique to central London at all.
Across England, local authorities and other public sector bodies hold significant landholdings that are underutilised, fragmented, or constrained by competing institutional priorities. Major infrastructure investment, whether in transport, health, or education, repeatedly fails to unlock the housing and community benefit it could generate, because the governance, coordination and long-term delivery capacity to make that happen is not in place.
Euston's history shows that infrastructure alone has never been enough, and that lasting success depends on combining major investment with homes, neighbourhood renewal, social infrastructure and meaningful community involvement. That lesson applies with equal force to HS2 corridors in the Midlands and North, regeneration areas around expanded NHS trusts, former industrial land held by public bodies, and estate renewal programmes in towns and cities across the country.
The Euston programme is therefore worth examining carefully; not because every local authority has a major rail terminus to work with, but because the delivery model being developed here is intended to address structural problems that are common to housing-led regeneration almost everywhere.
The housing need context
Acute housing need, locally and nationally, demands that well-connected urban land is brought forward more effectively for homes. The Euston programme sits within that national context.
The Good Life Euston survey highlights significant housing challenges, with almost one in four residents reporting problems with their homes in Euston, including structural issues, noise, plumbing, humidity and heating concerns. At the time of the survey, only 41.1% of residents were in employment, compared with 71.5% across Camden and 74.6% across London, while half of all households lived on less than £17,400 a year.
In the Euston area, over 30% of homes are council-owned, where the balance between rental income and maintenance costs places additional pressure on investment capacity. Again, this is not a London-specific problem. Council landlords across England are managing ageing stock, increasing regulatory requirements and sustained financial pressure on maintenance and improvement budgets. The Euston approach (treating estate renewal and new housing delivery as mutually reinforcing rather than competing priorities) is directly relevant to that wider context.
The six recommendations and their wider relevance
The brochure makes six formal recommendations, each of which carries lessons for public sector bodies working on regeneration and housing delivery beyond Euston:
1. Put housing at the centre, not the edges.
Positioning housing at the centre of Euston's future does not diminish the role of transport, innovation, or commercial growth; it enables them. For many public sector bodies, housing remains a secondary consideration - something accommodated around the edges of a transport scheme, a health campus, or a commercial development. The Euston programme explicitly rejects that framing. Housing is the organising principle, and everything else is planned around it.
Where public bodies hold or control land near major infrastructure investment, the question should be asked at the outset: How can housing delivery be the primary objective, rather than an afterthought?
2. Use public land strategically.
The opportunity areas described in the brochure are primarily focused on public sector and public sector-related sites, as these offer the greatest scope for coordinated intervention, alignment with housing and estate renewal objectives, and the embedding of long-term stewardship and community benefit from the outset.
This is the most directly transferable lesson for public sector bodies across England. Public land is a scarce and valuable resource. Using public land actively and strategically as a catalyst for wider change, to support housing delivery, affordability, and place quality, is an expressed commitment of the Euston programme. For local authorities, NHS trusts, central government departments and other public landholders, the same principle applies: Land should be working hard, and its disposal or development should be structured to maximise long-term housing and community outcomes, not just short-term capital receipts.
3. Prepare a Strategic Delivery Framework.
The immediate next step is the Strategic Delivery Framework: The practical delivery framework for Euston, bringing together spatial strategy, infrastructure, site sequencing, funding choices, viability testing and community engagement in a coherent plan.
The absence of this kind of coordinated framework is a recurring failure in regeneration programmes across England. Individual sites are brought forward in isolation, infrastructure is not aligned with housing, and funding decisions are made without reference to a coherent spatial strategy. The SDF is intended to support timely decision-making and reduce uncertainty, rather than replace statutory planning processes. Local authorities considering large-scale regeneration programmes should ask themselves whether they have an equivalent framework in place, and if not, whether the absence of one is the primary reason delivery has stalled.
4. Align housing with infrastructure and social investment.
Aligning housing delivery with transport investment, estate renewal, and infrastructure is a core commitment of the Euston programme, and aligns with the recent changes to the NPPF, particularly the introduction of new station sites.
New homes should be integrated from the outset with schools, healthcare, green space, community facilities and everyday amenities; creating places that support long-term living rather than short-term occupation. This is a straightforward principle, but it requires governance arrangements capable of joining up decisions across multiple public bodies, which is precisely why the LLUDC model is being pursued at Euston.
5. Keep community engagement central.
The EHDG commissioned the Euston Housing Pact, informed by research from local voluntary sector organisations rooted in the community and developed with residents; setting clear expectations for how community voices should shape housing delivery.
Regeneration programmes that fail to engage meaningfully with existing communities tend to face sustained opposition, prolonged delay, and reputational damage that undermines investor confidence. The Housing Pact is not a consultation exercise. It is a set of commitments that structure how the entire programme is designed and delivered. Public sector bodies embarking on estate renewal or regeneration should consider whether they have equivalent mechanisms in place, and whether those mechanisms are genuinely shaping decisions rather than simply recording objections.
6. Build the delivery structure capable of managing long-term complexity.
Euston's scale and complexity mean that coordination alone will not be enough. Fragmented land ownership, layered infrastructure constraints, and the need to align housing, transport, innovation and community investment all require stronger long-term delivery capacity. For this reason, partners are working towards the establishment of a Locally Led Urban Development Corporation (LLUDC): a delivery model that could provide the certainty, coordination, and stewardship needed to drive regeneration at Euston and to unlock homes, jobs, and wider growth.
The Locally Led Urban Development Corporation: A wider lesson in delivery structure
A Locally Led Urban Development Corporation would bring together local knowledge, long-standing relationships, and the ability to align public and private investment over time. It could help manage risk and phasing, coordinate delivery across sectors, and strengthen confidence among communities, partners, and investors. Crucially, it could help ensure that homes, neighbourhood renewal, transport, and innovation are planned as part of a single long-term programme, with community benefit and inclusive growth embedded from the outset.
The LLUDC is planned for 2027, subject to statutory processes, including public consultation. The timing and form of a development corporation will be informed by the SDF and government alignment to support new legislation required to create this form of delivery vehicle.
The LLUDC model is not appropriate for every regeneration programme, but the underlying question it answers (who is accountable for delivery across a complex, multi-site, multi-decade programme, and how is that accountability structured?), is relevant everywhere. Many regeneration programmes fail; not because the ambition is wrong, or the land is unavailable, but because no single body has the authority, resource, and long-term mandate to drive delivery through periods of market difficulty, political change, and competing institutional priorities.
Public sector bodies embarking on complex, long-term housing and regeneration programmes should consider at an early stage what delivery structure is appropriate for their particular context: Whether that is a development corporation, a special purpose vehicle, a joint venture with a registered provider, or some other form of coordinated governance.
Viability and funding: A candid assessment
The brochure is candid about the delivery environment. The next phase will need to recognise that market viability is under pressure and that successful delivery will depend on bringing together a mix of public investment, infrastructure funding, land value, private sector participation, and long-term stewardship arrangements over time.
This is an honest statement, and it applies with equal force to regeneration programmes across England, with the gap between development cost and achievable sales or rental values making housing delivery genuinely difficult without public subsidy.
Commercial development plays a critical role in enabling housing delivery by helping to fund infrastructure, public realm, and affordable housing. When aligned with a strategy that also prioritises housing, commercial value can contribute to the viability of mixed tenure housing schemes, support investment in social infrastructure and public spaces that serve residential communities and help sustain long-term stewardship and management arrangements.
Public sector bodies and their advisers should be structuring funding models at the earliest possible stage, considering the interaction of Homes England grant funding, public land contribution, developer contributions, local authority capital investment and registered provider participation, rather than treating viability as a problem to be solved at planning application stage.
Practical considerations for public sector bodies
For local authorities, combined authorities, housing associations and other public sector bodies working on housing and regeneration, the following points are of immediate relevance:
Treat public land as a strategic asset, not a balance sheet entry
The decision about how public land is disposed of or developed should be driven by housing and community outcomes, not by the need to maximise a one-off capital receipt. The Euston programme places public land at the centre of its delivery strategy precisely because it offers the greatest scope for coordinated intervention and long-term stewardship. That principle applies equally to publicly held land across England.
Prepare a delivery framework before committing to individual sites
The Strategic Delivery Framework at Euston exists to coordinate site sequencing, infrastructure alignment, funding and viability testing across a wide area. Individual sites brought forward without that broader framework tend to underdeliver on housing yield, fail to capture the benefits of coordinated infrastructure investment, and create community opposition that a more coherent programme could have managed. Local authorities should consider whether equivalent spatial and delivery frameworks are in place for their own regeneration areas.
Engage with communities early and structurally
Estate renewal, affordability, long-term management and meaningful community engagement should remain central as delivery progresses. Community engagement that is bolted on at consultation stage, rather than built into programme design from the outset, tends to generate opposition rather than support. The Euston Housing Pact mode (setting binding expectations for how communities shape delivery before proposals are developed) is worth considering for public sector bodies embarking on estate renewal or large-scale regeneration.
Start early but plan for the long term
The London Borough of Camden is accelerating the next phase of Regent's Park Estate renewal, supported by MHCLG funding enabled by the EHDG. This early momentum matters: It shows that housing-led regeneration at Euston is already moving from planning into delivery and provides a practical foundation for the next phase of work. Early delivery builds credibility with communities, investors, and politicians. But early delivery sites should be chosen and structured in a way that establishes the conditions for later phases, rather than consuming resource and goodwill without building a foundation for wider change.
Conclusion
With the Strategic Delivery Framework, early delivery momentum and a pathway towards a Locally Led Urban Development Corporation, Euston has a credible route to turn investment into new homes, stronger neighbourhoods, and lasting public benefit.
The approach being taken; housing at the centre, public land used strategically, delivery structures designed for long-term complexity, and communities engaged as genuine partners offers a model that public sector bodies across England should be studying carefully.
The housing crisis is national. The solutions will need to be locally led. Euston is an attempt to show what that looks like in practice. For expert legal advice on housing-led regeneration contact Browne Jacobson's team to discuss any stage from inception through to completion.