Developer London and Continental Railways is pursuing a public land strategy to unlock 50,000 homes across the UK, working with transport bodies and local authorities.
LCR said it will review every train station in the UK and identify those most suitable for regeneration and development.
It will leverage existing assets, partnerships and joint ventures to deliver the housing.
LCR said the strategy will create 50,000 jobs and deliver an anticipated £7bn of public value by redeveloping land around railway stations.
The Department for Transport has approved the initiative and the developer has formed partnerships with Manchester, Chester, Wrexham, Leeds, Worthing, Kent, Surrey and Sheffield, with more in the pipeline.
In Rochdale it already working with other members of the Greater Manchester Stations Alliance and local council to develop 7,000 homes at the Calder Valley rail corridor (pictured).
It aims to open a new regional office to support the expansion, which is being driven by partnerships and property director Jamie Kerr and interim chief executive Peter Hawthorne, who is expected to be made permanent in the role later this year.
LCR is wholly-owned by the Department for Transport. It is currently delivering the £2.4bn International Quarter London scheme in Stratford in a joint venture with Lendlease and is developing a new 135,000 sq ft retail and leisure destination at the former Eurostar terminal at Waterloo.London.
Outside of the capital it has major projects including the 23-acre Mayfield regeneration with U+I and the 1m sq ft redevelopment of the Axis site in Birmingham.
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