Martes, Marso 29, 2016

MOD releases more land for new homes

Ten sites expected to generate some £140M

The MOD has today released further land for housing as part of the department’s plan to reduce its built estate by some 30%, thus creating a more efficient estate for the department.

Expected to generate around £140M income, which will be put back into defence spending, the ten sites will be used to provide some 7,000 new homes. The vast majority of these new homes will contribute towards the government’s target of 160,000 new homes by 2020.

From across the country, the sites released are:

  • Thornhill Barracks (Part of Clayton Barracks, Aldershot)
  • Burgoyne Barracks (Part of Shorncliffe Barracks, Folkestone)
  • Clive Barracks (Tern Hill, Shropshire)
  • Fitz Wygram House – Royal Army Vet Corps (Aldershot)
  • Army Officer Selection Board Westbury (Wiltshire)
  • Defence Training Estate land near Cove (Farnborough)
  • Rylston Road ARC (London)
  • MOD Wethersfield (Essex)
  • Chetwynd Barracks (Chilwell, Nottinghamshire)
  • MOD Cheadle Hulme (Greater Manchester)

MOD Wethersfield in Essex, the MOD Police HQ, will account for more than two-thirds of the 7,000 homes earmarked for land disposed of in this latest wave, with the potential for some 4,850 homes. The next largest site is Clive Barracks, where up to 600 homes could be built.

These ten sites join an initial 12 sites that were released in January and will see the Ministry make land available for up to 22,000 homes, which is expected to generate some £640M income for the MOD.

Defence Minister Mark Lancaster said: “Every pound we make by disposing of excess land will be reinvested into a defence budget that keeps Britain safe. It will make the defence estate more efficient and better suited to the needs of our armed forces. And it will help thousands of people to own their own home.

“The defence estate currently spans one per cent of all UK land and covers 452,000 hectares. The department has committed to generating £1Bn through land sales during this parliament and contributing up to 55,000 homes.”

 

 

The post MOD releases more land for new homes appeared first on UK Construction Online.


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