LAND DEVELOPMENT AND DISPOSAL PLAN 2012/13
04 April 2012
Land Development & Disposal Plan 2012/13
Overview of this document
The Plan for Growth, published alongside the Budget in 2011 set out the government’s objective to achieve strong, sustainable and balanced economic growth. It stressed the importance of public land in creating economic activity. The Review contained a commitment to ’accelerate the release of public sector land to encourage new homes and jobs’. In support of the Plan for Growth, in June 2011, the Housing Minister Grant Shapps set out the government’s plans to accelerate the release of public land capable of delivering up to 100,000 new homes over the Spending Review period. At the same time, the Homes and Communities Agency (HCA) published our first Land Development and Disposal Plan. This is a refresh of that Plan and it once again sets out how we will use our land to accelerate economic activity: the development of homes and employment floorspace and construction activity in support of local priorities. This Plan sets out how we intend to use our landholdings to achieve those objectives, by: y being transparent about our landholdings and our disposal principles and selling land in a way that creates a level playing field for potential end users to access sites when they are brought to market; y not holding land longer than necessary – making sure it is disposed of to support local plans and ambitions and that it is transferred to end users as quickly as possible; and y carrying out disposals on terms that promote development, economic activity and growth. In disposing of land to achieve these objectives, we will be guided by value for money. Disposals are expected to be at market value for land, given the agreed mix of uses. The Plan covers the range of approaches we use to select and work with partners in relation to our landholdings. Our approach depends on the nature of the site. In some cases we will look to procure a partner to build a specific project, in other cases we are selecting a partner to develop a site, in other cases where there is no strategic rationale for the HCA to continue holding a site, or a project is finished, we will look to sell on the asset. For some sites, portfolio disposals or joint ventures might be the best way forward. We also own a significant quantity of non-development land as a result of the activities of our predecessors (eg in the coalfields and former new towns) and we will continue to seek to disengage from that land to other bodies subject to resources. This document sets out: y a summary of the HCA’s landholdings – including key changes during 2011/12 with the transfer of landholdings to the HCA from the Regional Development Agencies (RDAs) and from the HCA to the Greater London Authority (GLA) in London; y the principles by which the Agency disposes of its landholdings; y an overview of the landholdings that the Agency plans to bring forward for development or to dispose of over the 2012/13 financial year, and an indication of the disposal pipeline for remainder of the Spending Review period. This Plan builds on feedback from last year and provides a much more detailed development and disposal pipeline. The recent changes to our landholdings mean that this Plan is inevitably a live document. We continue to work with local partners, including new stewardship partnerships, to identify the best strategy for each site. This means, for example,
Page 2 Land Development & Disposal Plan 2012/13 that the indicative development and disposal pipeline post April 2013 does not yet include assets transferred from the RDAs in September 2011. These will be added in the next refresh of the Plan. This Plan is intended as a forward look. By June 2012, we will publish a review of activity in 2011/12, which looks back at disposals in that year. By the autumn we will publish a refresh of this Plan, including incorporating all the recently transferred assets into the forward pipeline. The primary audience for this document is assumed to be those carrying out development in the housing, commercial and mixed use sectors, who may be potential purchasers of HCA landholdings. It is also intended to provide transparency about our approach to land to our local partners. For the purpose of this document, the term ‘landholding’ is used to describe land and property that we own and manage, and that can be liabilities as well as assets.
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Contents
1. The HCA’s landholding portfolio ...... 5 1.1 Overview of the landholding portfolio ...... 5 1.2 Landholding categories ...... 5 1.3 Geographic split ...... 7 1.4 Transparency ...... 7 2. Development and land disposal principles...... 8 2.1 Market context...... 9 2.2 Planning ...... 9 2.3 Local authority and LEP involvement in the use of HCA land ...... 10 2.4 Use of receipts ...... 10 2.5 Alignment ...... 10 2.6 De-risking ...... 12 2.7 Procurement and disposal routes...... 13 2.8 Disposal terms and conditions ...... 16 2.9 Contribution to the government’s Housing Strategy made by HCA land...... 18 3. The HCA’s development and disposal opportunities ...... 21 3.1 East and South East...... 22 3.2 Midlands ...... 29 3.3 North East, Yorkshire and The Humber ...... 38 3.4 North West ...... 46 3.5 South and South West ...... 52
Cover image: Temple Quarter Enterprise Zone, Bristol – Courtesy of SWRDA
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1. The HCA’s landholding portfolio
This section describes our portfolio of landholdings.
1.1 Overview of the landholding portfolio
1.1.1 HCA landholdings at the start of 2011/12
As at 31 March 2011, we were responsible for approximately 7,430 ha of land and property assets and liabilities located across England. Our landholdings have been inherited or acquired as a result of the work of our predecessor bodies, or because we have been considered best placed to manage the risks associated with difficult sites or to holistically plan and deliver development opportunities. Our portfolio is a reflection of this history and (using March 2011 data) can be summarised as follows: y The residuary Commission for the New Towns (CNT) portfolio, which was incorporated into English Partnerships when the bodies merged in May 1999 (approximately 4,020 ha); y A portfolio of redundant hospital sites, which was transferred to English Partnerships in April 2005 (approximately 1,500 ha); y Liabilities transferred from public bodies that have been wound up (chiefly Urban Development Corporations and Housing Action Trusts) (approximately 930 ha); and y Other elements of the former English Partnerships portfolio, which is mainly brownfield sites awaiting reclamation and development and includes investment / development sites in urban areas (approximately 980 ha). Because of the timing of production of this document we have used the 31 March 2011 figure as a baseline for the original HCA landholdings and described the transfers of landholdings in and out of the Agency against that number.
1.1.2 Activity that has affected the portfolio during 2011/12
In August 2011, approximately 1,000 ha of coalfield sites were transferred to us from the Regional Development Agencies (RDAs). On 19 September 2011, we managed the transfer of over 300 land and property assets with a combined area of approximately 2,150 ha owned by the RDAs into the Agency. These sites are described as Economic Assets in this document. This transfer has had a significant impact on the nature and geographical arrangement of our portfolio, with a large proportion of assets being commercial development opportunities, and already built and let investment properties. On 1 April 2012, all our London assets transferred into the Greater London Authority (GLA). This means that the HCA is no longer responsible for approximately 230 ha of land and property in London. A summary of all HCA disposals in 2011/12 will be published by June 2012.
1.2 Landholding categories
Our landholding portfolio is divided into three main categories which help us manage and prioritise our activity.
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1.2.1 Strategic Development Sites
Strategic Development Sites are sites that have been identified as being of strategic importance locally or nationally, and suitable for development, either for housing or commercial use. This includes sites allocated for development and some non-allocated sites agreed by the Agency and its local partners to be a strategic priority. An indicative programme of the Strategic Development Sites identified for disposal during 2012/13 and the remainder of the Spending Review period is outlined in Section 3.
1.2.2 Market Sales Sites
The sites that fall into the Market Sales category are other residential or commercial sites that have potential for development but which are not expected to play a strategically important role going forward. They are generally much smaller than the Strategic Development Sites or their end use may be clearly defined (e.g. commercial development plots within existing schemes). An indicative programme of the Market Sales Site Development Sites identified for disposal during 2012/13 and the remainder of the Spending Review period is outlined in Section 3.
1.2.3 Non-Development Sites
Non-Development Sites are typically residuary liabilities or Community Related Assets such as public open space, structural landscape, woodland and infrastructure such as roads or watercourses. Some of these landholdings have very limited potential use, eg grass verges, but others, for example sites intended for use as open space following reclamation may be subject to a range of potential options around end use including for sustainable energy generation. We are in the process of transferring a number of Non-Development Sites to local authorities, trusts and other statutory bodies. These include hard infrastructure such as roads and footpaths, small residuary holdings in a number of the former new towns, and open space including in the coalfields communities. Due to the nature of our Non-Development Sites, we have not included them in the disposal programme in Section 3 but will continue to review options for disengagement, subject to resources.
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1.3 Geographic split
Prior to the transfer of HCA responsibilities in London to the GLA, the HCA was organised across six Operating Areas that are closely aligned with the boundaries of local authorities and Local Enterprise Partnerships (LEPs). As at March 2011, our total landholding portfolio was distributed across the six Operating Areas as follows:
Hectares (approximate figure) % total East and South East 2,080 28% London 230 3% Midlands 2,600 35% North East, Yorkshire and The Humber 630 9% North West 1,430 19% South and South West 460 6% Total 7,430 100%
A summary update of the geographic spread of our landholding portfolio as at 1 April 2012 will be published by June 2012, reflecting activity that has taken place during 2011/12. Each Operating Area has prepared its own disposal programme contained within Section 3.
1.4 Transparency
All our landholdings are listed on our website: http://www.homesandcommunities.co.uk/land- and-property-assets We are covered by the Public Right to Order Disposal (PROD) under which any citizen or organisation can ask the Secretary of State to direct that a specified parcel of land or property should be sold on the open market. Each request is considered on its own merit and focuses on whether the land is being sufficiently used for the purposes of the performances of the body’s functions. We hope that the disposal principles and information about how we categorise our land contained within this document will help to provide context for any PROD requests.
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2. Development and land disposal principles
Our core objective around our land is to ensure that it makes the maximum possible contribution to promoting economic activity in local areas. This section of the report sets out how we intend to achieve that objective, by: y being transparent about our landholdings and disposal principles, and selling land in a way that creates a level playing field for potential end users to access sites when they are brought to market; y not holding land longer than necessary – making sure it is disposed of to support local plans and ambitions and that it is transferred to end users as quickly as possible; and y carrying out disposals on terms that promote development, economic activity and growth (eg Build Now, Pay Later). In disposing of land to achieve these objectives, we will be guided by value for money. Disposals are expected to be at market value for land, given the agreed mix of uses. The diagram below shows the elements that influence our disposal decisions and this section describes the principles we follow when planning and carrying out disposals. It should be noted that decisions on disposal strategies are undertaken on a site-by-site basis and as a result the approach taken to each site is dependent on its characteristics, local market conditions and the demand for land.
Market context
Planning policy
Local governance structures (in some places)
Alignment eg Public Land / Enterprise Zones / Local Investment Plan priorities / LEPs
Minimum planning and investment necessary to de-risk site
Disposal options
Terms and conditions Achieving market value and outcomes
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2.1 Market context
We are committed to accelerating the release of sites wherever practically possible. In considering the timing and nature of a disposal, we ensure that our land release works with the local market context and take steps to co-ordinate sales so as to ensure that local markets are not over supplied with development opportunities. Factors that could influence the timing of disposal include: y strategic objectives for the area – for example if a major regeneration scheme is planned, we would not release its site to market in advance of the wider scheme without appropriate contractual conditions (see the section on alignment below); y local market and competing supply – we would not want to ‘flood the market’ if other land is already in the market and undeveloped; and y market appetite – where appropriate, we will carry out de-risking activities to improve the attractiveness of a site to potential purchasers and speed up its development once sold.
2.2 Planning
When disposing of land, we want to ensure that the purpose for which it is being developed meets the needs of the local community (using the planning system as the primary means to achieve this objective). Our approach to land use is determined by local planning policies. Where a site has a planning allocation, we will work within that, unless both we and the local authority agree that a revised approach is appropriate. Where there is uncertainty, we will work with local partners to consider options for use taking account of wider policies and objectives and site viability, using Planning Performance Agreements where appropriate. Where long term assets (eg former CNT land holdings) are not yet allocated we will work with local planning authorities through the statutory planning process so that appropriate sites can be brought forward in due course with suitable infrastructure. Once the mix of end uses is agreed, we may choose to agree a development brief with the local authority (or in some circumstances seeking an outline consent if that process would resolve significant uncertainty about the use). Having achieved sufficient certainty about use, to remove significant risks, we would seek to dispose of the site and transfer the majority of the planning process to the developer, to allow them to bring their scheme through the local planning process. Local planning policies will set out the requirements for sustainability and other elements of design and build quality on each site. If local planning authorities propose specific standards which relate solely to our landholdings, we would seek to discuss viability with the local planning authority. Housing-led sites will be disposed of on a nil grant basis and provision of affordable housing (Affordable Rent and Low Cost Home Ownership) should be provided in the proportion required by planning policies, subject to viability. Affordable homes built on our land will be required to be built to the same standards as those in receipt of the HCA’s investment through the Affordable Homes Programme.
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2.3 Local authority and LEP involvement in the use of HCA land
Local authorities and Local Enterprise Partnerships (LEPs) are involved in discussions relating to the use of our land in different ways, in different parts of the country, reflecting government policies on localism: y Where set out as part of wider statutory changes, our land will be transferred to other public sector bodies. This is the case in London where our land has been transferred to the Mayor and GLA as part of a wider transfer of housing and regeneration functions in London, as set out in the 2011 Localism Act. y Local governance structures - There is local oversight of the former RDA assets transferred to HCA on 19 September 2011, through local stewardship arrangements. Partners in these stewardship arrangements, which include both local authorities and LEPs, are mostly now in place and the business plans for them will be shared with and endorsed by them. - Following the publication of Unlocking Growth in Cities, we are working with cities to explore how our land and assets can support their economic growth priorities. For example, the first City Deal for Liverpool (announced on 7 February 2012) includes a proposal for a joint Mayoral Investment Board to oversee the city's economic and housing strategy, bringing together local assets including those of the HCA to drive economic growth. - In other places where we have significant concentrations of land, such as Telford, we are working with the local authorities using the principles of stewardship to provide transparency about our plans for our assets. y For other sites, discussions of local priorities arising from the Local Investment Planning process will continue to inform HCA proposals. The HCA’s approach to use will be determined by local planning policies (as described above).
2.4 Use of receipts
We will seek market value for our landholdings, given the agreed mix of uses. This requirement for market value includes where local authorities seek to acquire our assets and community-led approaches to development of our land. For the majority of our landholdings, receipts go to the Department for Communities and Local Government (DCLG) for Ministers to decide on how to allocate them against the government’s housing and regeneration priorities. For the Economic Assets, receipts are retained by the HCA in order to meet the liabilities of delivering the programme, with any ultimate programme surplus going back to DCLG for Ministers to decide on allocation.
2.5 Alignment
Through our work in local areas, we understand which of our sites align with wider local priorities. We are working closely with LEPs to ensure that we understand their priorities and the contribution that our land can make. This could include the potential for joint working between HCA and other public sector landowners with nearby landholdings. It could also be
Page 10 Land Development & Disposal Plan 2012/13 reflected through the contribution that HCA sites make to wider housing and economic development plans in the area.
2.5.1 Public sector land
In the way we work, we look to collaborate with others to achieve the best outcomes, using our experience across the country and bringing in the private sector in an appropriate balance of risk and reward, which we aim to reflect in our disposal terms (see below). Where we are one of a number of public landowners in a local area we will work with them wherever possible, including to optimise the mix of uses and to get the best deal for the public sector as a whole. This includes considering whether structures such as Local Asset Backed Vehicles are most appropriate or approaches to collaboration across adjacent sites.
Example – Dartford Station Quarter (Dartford Northern Gateway), Kent The Station Quarter is in three ownerships. HCA land inherited from SEEDA , land owned by Dartford Borough Council, and land owned by Network Rail. These three sites are collectively known as the Station Quarter and form a very prominent development site immediately adjacent to the main Dartford railway station. The three landowners have entered into a collaboration agreement which includes a single approach to marketing and securing a development partner – starting in Spring 2012.
As part of our wider role on public sector land, we are working with central government landowners to support them as they develop plans and strategies for disposal of surplus sites for housing. Using our internal Geographic Information System (GIS)1 we are able to identify any potential linkages between our own land and other central government landholdings and have worked with a number of local authorities and public bodies to map all publicly owned assets in their areas, for example in Durham and Wigan. This has formed the basis for better decision making on the use of those assets across a locality, which together with a proper understanding of customer demands can lead to major improvements in delivery of public services. It can also help to improve efficiencies in the use or disposal of publicly owned land and buildings, including opportunities for housing and commercial development and job creation. Better intelligence has highlighted opportunities for a more joined up approach to land assembly and phasing of development opportunities. These are the principles behind the Government’s Capital and Asset Pathfinder work for which we provided some early support on mapping and financial structures and now being driven forward by Local Partnerships. The opportunities presented from better intelligence on publicly owned assets are also clear from some of the early data now available on the ‘Public Sector Assets in England’ (http://publicassets.communities.gov.uk/) and the data.gov.uk (http://data.gov.uk/) websites.
1 Our web-based GIS system known as SIGnet (the Spatial Intelligence Geographic network) is a free resource developed by the HCA to bring together data from organisations such as Ordnance Survey, the Office for National Statistics, Local Authorities, and the Environment Agency in a single place. Public sector bodies interested in accessing SIGnet should email [email protected] for more information.
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2.5.2 Enterprise Zones
Since Budget 2011 the Government has confirmed 25 LEP-led Enterprise Zones (EZ) across England, the most recent as part of the Liverpool City Deal. These differ significantly in terms of scale and distribution, ranging from single to multi-site zones, but all with the capacity for the early delivery of growth and jobs. We are working collaboratively with LEPs in a number of the EZ areas and have a direct link where our landholdings fall within in or neighbour EZ sites. We have a direct landholding link in ten EZ areas and will take forward our landholdings in the context of the wider EZ vision in those areas.
Example - Temple Quarter Enterprise Zone, Bristol The Enterprise Zone around Bristol Temple Meads railway station covers 70 ha of land, 30 ha of which is currently underutilised. It is intended to attract inward investment with a particular focus on creative industries and technology. High speed broadband will be a central feature of the Zone. The HCA owned sites in the Zone provide a real opportunity for us to work with the LEP to make early progress with infrastructure provision, particularly in combination with introduction of simplified planning through the introduction of a number of Local Development Orders from April 2012.
2.5.3 Other local priorities
Many of our assets support wider local priorities. We are committed to ensuring that our approach, including timing of asset release supports wider strategies. We are also working with local authorities and LEPs to bring together local land and investment opportunities, for example in relation to the Growing Places Fund.
2.6 De-risking
We may invest to de-risk landholdings prior to disposal. As a principle, we propose to undertake the minimum necessary pre-disposal work. On our sites, there is often some complexity relating to planning, title, site conditions or environmental status. Where possible the investigations relating to such matters will be transferred to the purchaser, but where upfront investigation and/or work with the local planning authority clarifies the position and de-risks the site, we will carry it out subject to resources. Generally such investment would be recoverable when sites are sold and such investment would be made where it is good value for money and affordable.
Example - Cherry Knowle hospital site, near Sunderland The HCA, two NHS Trusts and Sunderland City Council worked together to masterplan the 47 ha Cherry Knowle site. The site has been identified by the local authority as a key strategic housing site for the City, capable of accommodating up to 770 houses (including approx 25% affordable housing), as well as a proposed new mental health hospital and primary care centre. In order to support housing and employment delivery at Cherry Knowle the HCA is providing key infrastructure in the form of Phase 1 of the Ryhope- Doxford Park Link. This route will not only provide a transport link road, but it will also form the central spine and principal access road to future development at Cherry Knowle.
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In order to promote development and reflect market risk, very large sites will at the outset require a comprehensive approach to masterplanning and resolution of constraints and other factors which are critical to delivery. Subdivision into manageable development parcels may also be appropriate to enable phased disposal. In order to protect our interests and enable delivery, upfront planning and technical work will be required to ensure that all phases are deliverable. Where non HCA land is also involved as part of a project it is essential that the fullest understanding is achieved of the site constraints and how they are resolved. If some primary infrastructure is required to achieve division into phases, we will need to consider how it can be funded, given public sector expenditure constraints. Wherever possible we would look to development partners to provide this infrastructure and use land value and payment terms to support this (eg an open book approach to providing infrastructure reflected in the land value paid). The approach to planning is described in paragraph 2.2.
2.7 Procurement and disposal routes
Each development and disposal opportunity is unique and whilst we have, in this section, set out some of the core principles influencing the choice of disposal route, each case is considered on its merits. Our approach to partner selection reflects the variety of landholdings within our portfolio. For the strategic development sites, we are looking to identify a partner who will take forward development with us. On market sales sites we may be looking to dispose of a completed asset or exit from a non-strategic landholding and are therefore looking to identify a partner who can manage the asset going forward on a clean break basis. Development and disposal opportunities can be progressed by two broad methods:
Competitively – generally openly advertised and can include tender and auction; and
Non-competitively – sales by private treaty or negotiated disposals. The guidance for central government bodies within ‘Managing Public Money’ is that a competitive process should be the normal route and that disposal by private treaty is the exception. We will continue to adopt a case by case assessment relating to whether development and disposal opportunities have characteristics which raise the potential for the opportunity to be considered as a procurement of Works. Depending on the outcome of this, Strategic Development Sites will generally tend to be disposed of through a multi-stage disposal or through OJEU compliant procurement, either via the Delivery Partner Panel (DPP) or via a stand alone OJEU compliant process. Where disposals or procurements are being advertised, the information will be available on HCA’s website at: http://www.homesandcommunities.co.uk/ourwork/land-and-development- opportunities .
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2.7.1 Disposal route summary
The table below summarises the available disposal routes for Strategic Development Sites and Market Sales Sites. Section 3 of this document highlights the indicative route identified for our 2012/13 disposals.
Disposal Competitive Non-competitive routes Disposal (not procurement) Procurement Advertised Auction DPP DPP OJEU Passive Private opportunity marketing – Treaty – ‘Available ‘Negotiated Development Disposal’ Opportunity’ Strategic 3 2 3 3 3 2 3possibly Development Sites Market Sales 3 3 2 unlikely Unlikely to be classified as 3 3 Sites procurement
We will generally dispose of our landholdings on a single site basis. However, in some cases (eg geographical proximity) it may be appropriate to dispose of more than one site as a package. In some cases, the best value for money route may be though a Joint Venture or Local Asset Backed Vehicle. In such cases an options appraisal would be required. The appropriate disposal route for Non-Development Sites will vary depending on their nature – so for example hard infrastructure – footpaths, highways, flood defences etc will tend to be transferred to the relevant statutory body, open space may have a number of potential recipients including local authorities or trusts. Where appropriate and where funding is available, endowments can be a mechanism to transfer sites with liabilities and ongoing costs. Other Non-Development Sites may be sold by auction or advert.
2.7.2 Delivery Partner Panel
Where opportunities are considered to require procurement, the HCA’s DPP offers a quick and compliant means for the procurement of a developer for housing led developments and is being extensively used both by the HCA and its partners. As the Panel has already been procured through a fully compliant OJEU process, it can be used to dispose of sites via mini competition and, even for complex development projects, these are regularly undertaken in 12 to 14 weeks. The DPP currently consists of three regional clusters with 17 members on each and runs until January 2013, with an option to extend by 12 months. A new panel, DPP 2, is being procured during 2012/13. The DPP has been used successfully on a wide range of sites by the HCA, with currently 38 HCA schemes delivering 12,000 homes in the process of development through the Panel. In addition to this, the Panel has been used to involve DPP members earlier in the development process, making full use of soft market testing and viability advice provided by Panel Members. More information on the DPP is available on our website: http://www.homesandcommunities.co.uk/dpp
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The DPP is a key tool for the delivery of HCA housing led developments except: y For sites that can be treated as a disposal (ie not a procurement) – although the DPP can be used in such circumstances; y Works or services are required that are beyond the scope of the Panel, for example commercially led developments; y Where our Partners require an open market competition for their interest in a specific project; y Where the scale of the project (or other specifics relating to the particular site) justifies open market competition, this may be the case for sites of over 1,000 houses; y Geographies where market testing has demonstrated that there is insufficient capacity or weak demand from DPP partners; y Where the development value of the site falls below the OJEU threshold of £4.3m (local procurement of smaller developers is more appropriate here); y Where the formation of a corporate Joint Venture (involving the incorporation of a new company) is required, the Panel cannot be used to procure the Joint Venture Partner.; and y Where a decision is taken to appoint a developer by competitive dialogue.
2.7.3 Community-led approaches
We are committed to supporting community-led development and actively encourage community-led groups to engage in development opportunities either operating on their own or through partnership with a more experienced developer, Registered Provider, local authority or other private or public sector partner. The Agency has already funded a number of schemes and through its experience has identified some key factors which are particularly beneficial to the success of the community model: y Local authority support and / or a positive relationship between the group and the local authority; y A local authority or other public body with time and resource to commit to enabling the community to come together and deliver the scheme; y A shared commitment to a community led approach from all partners involved in the project; y Availability of external expertise with experience in the sector; y Strong and coherent community groups with a clear shared vision; and y A business plan that sets out a financially sustainable approach to the long term management of the asset.
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2.8 Disposal terms and conditions
We are working to increasingly standardise our overall approaches to the way in which we carry out disposals and bid assessment, building on good practice across the Agency, whilst ensuring that the way we work reflects the specific characteristics of each site. Particularly for our Strategic Development Sites, our disposal terms (including deferred payments) and contract structures (including the way we use Building Leases to include longstop dates for build completion) are designed to promote development activity.
2.8.1 Value for money
In disposing of land, we are guided by the objectives set out at the beginning of Section 2, including the need to achieve value for money. We seek market value for land, given the agreed mix of uses (the ‘restricted’ market value) recognising that at times this may be less than Best Consideration (the ‘unrestricted’ market value)2. We have a Consent to dispose for less than Best Consideration in certain defined circumstances. Under the competitive routes described we generally select our partners through a competition based on price and other factors – compliance, deliverability and technical aspects of the bid (eg health and safety). The financial element of the competition is based on the bid for the land (see disposal terms below). In 2012/13, we will be piloting a new approach when disposing of some mixed tenure housing-led sites. Through these pilots, we may select our preferred lead partner based on bids for the open market element of the site and require that partner to competitively select a provider for the affordable housing. When disposing of sites we look to avoid trailing wires as far as possible and aims to achieve a clear, sustainable exit having secured the desired uses and achieved financial close.
2.8.2 Disposal terms (including ‘Build Now, Pay Later’)
The disposal terms used can make a significant difference to delivery. Reviewing the timing of payments (so that they might be at completion rather than upfront) can significantly improve developer’s cashflows: reducing financing costs and allowing limited capital to be targeted on other upfront (eg infrastructure) costs. Use of deferred payment can unlock viability on marginal sites and can help the developer to manage its risk and reduce the amount of capital tied up in the project prior to homes being sold. The terms of disposal will be considered on a case by case basis and reflect the development economics of a particular site and the risks associated with its development. In deciding which of the broad sets of terms to use, we will seek to maximise the rate of development on a site (given the local market) whilst ensuring value for money. The decision on terms will focus on the optimal risk transfer to balance those objectives. In some situations the terms will be set before the disposal process starts, in other cases the disposal process will be used to test different terms to asses which offers the best value for money for that site.
2 For more information on these terms, see Department for Communities and Local Government, Circular 06/03: Local Government Act 1972 general disposal consent (England) 2003 disposal of land for less than the best consideration that can reasonably be obtained, Crown Copyright.
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For smaller, self-contained sites where infrastructure costs are low and/or sites where demand is strong, an upfront payment may be appropriate as the sole basis of going to market. For other sites, we would frequently ask bidders to respond on three bases: y upfront payment with overage; y payment on milestones, for example at agreement of building lease, start on site, completion of phase (with overage), subject to a longstop date; and y percentage share of sale values as units are sold, subject to a longstop date with a specified payment sum at that date. Generally we would look to dispose of sites or phases at a scale where the repayment period would be no more than five years. Where payment is in the form of a percentage of receipts (the third option above), the longstop date will always be within a five year period. Bids will be compared on a discounted cashflow basis and scenarios tested. Deferred receipts (Build Now, Pay Later) will be used where they are appropriate, affordable and represent good value for money.
Example – Manor Kingsway, Derby The HCA and Derby City Council have now appointed Kier Partnership Homes as their preferred development partner for the old Manor and Kingsway Hospital site. The site is being disposed on deferred receipt terms. Kier, along with the HCA, the Council and current healthcare providers on the site (Derbyshire Healthcare NHS Foundation Trust, Derby Hospitals NHS Foundation Trust and East Midlands Ambulance Service) will be inviting involvement from the local community into the design development as part of the planning process and to ensure the maintenance of current service delivery. The development will comprise 700 new dwellings to include a range of affordable homes to rent and buy in addition to a high-quality business park that will support around 450 new jobs for the area. Within the ten year construction period, Kier will also provide local training and employment opportunities and encourage local businesses to participate in the provision of goods and services.
We will use overage alongside the base payment to capture value increases that were unexpected or uncertain at the time of disposal. This includes the situation where the market value at the end of the development exceeds that anticipated at the time of the disposal which may be as a result of increased house prices, and / or improved planning permission, amongst other things. Overage will be applied to all sites with an expected value of over £0.5m and other sites where it is considered appropriate (eg large, low value sites in an uncertain market or sites where a change in planning is possible). Contracts will also include provision for clawback, including in the circumstances where the scheme is in material breach and forfeiture provisions are triggered requiring the clawback of the undeveloped land.
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2.8.3 Form of contract
In most circumstances, our preferred disposal approach for Strategic Development Sites will be by way of Building Lease. They provide us with the ongoing legal interest in the land through to build completion, thereby providing adequate protection in respect of any imposed conditions or deferred payment arrangements. Building Leases have the following benefits: y Building Leases are registrable legal interest and as such are preferred by the funders of developers and Registered Providers. They are capable of being charged providing security to the development funding. Building Licences / Development Agreements are not capable of providing such security. y Building Leases will also afford funders adequate step in rights should a developer default. y As the HCA will be adopting a fairly standardised format this will provide consistency of approach to the market and should ensure disposal and transactional costs are kept to a minimum. y The freehold will transfer to the developer or end purchasers after development / financial close, eg to a purchaser of an individual plot from a developer on completion of the sale or in relation to a block of flats to a developer on practical completion of the first unit.
2.9 Contribution to the government’s Housing Strategy made by HCA land
In November 2011, the Prime Minister and the Deputy Prime Minister set out the Government’s new housing strategy – Laying the Foundations: A Housing Strategy for England. This sets out the government’s objectives around housing supply and access to housing. Our approach to land disposal contributes to a number of themes within the Housing Strategy.
2.9.1 Accelerating the release of public sector land for housing development
Our land disposals contribute to the wider ambition to release public land for up to 100,000 homes. In our 2011/12 Plan we identified land for disposal over the spending review period with capacity for around 11,000 homes, including 3,000 housing starts on an accelerated programme of disposals. In developing this Plan, we have further reviewed the contribution that could be made by our existing landholdings and considered the capacity of the sites transferred from the RDAs, both in the coalfields and Economic Assets. As a result we are able to increase our ambition to dispose of sites with capacity for up to 16,226 homes over the Spending Review period. Of this, capacity for 4,661 homes is on landholdings in London which transfered to the GLA on 1 April 2012. Where sites have not been disposed of prior to transfer, the GLA has agreed to transparently report on disposal activity. By June 2012 we will provide a comprehensive report on our disposal activity during 2011/12. This will include the following key disposals: y Severalls Hospital Site, Colchester, Essex – capacity for 248 homes;
Page 18 Land Development & Disposal Plan 2012/13 y Heart of East Greenwich, Greenwich – capacity for 645 homes; y Tattenhoe Park Site 1, Milton Keynes – capacity for 155 homes; y Park Prewett (Northern Area), Basingstoke – capacity for 585 homes; y Bentley Colliery, Doncaster – capacity for 169 homes; y Croppings, Lightmoor, Telford – capacity for 104 homes;
2.9.2 Private Rented Sector
In disposing of sites we will consider on a case by case basis (taking account of the local market and local authority view) whether as part of our disposal terms we wish to include a scenario under which part of the site is developed for private renting. We will consider further how terms can best be structured to promote this. Developer selection will start on Spencers Park, Hemel Hempstead during the first quarter of 2012/13, where we are looking to include private renting as part of the residential mix. In the next Plan period we will also consider bringing forward sites in the following areas, again looking to include private renting within the residential mix with Build Now, Pay Later payment terms designed to reflect this: y Chelmsford y Basildon y Ashford y Milton Keynes In some parts of the country, particularly metropolitan areas, local authorities are looking to bring together a number of public sector sites to identify a partner to take forward a portfolio of sites for development for private renting.
Example – Manchester We are working with Manchester City Council to help identify public sector land across the city which has potential to be taken forward for development as private rented housing. A model is being developed and tested based on the identification of a range of sites with varying values. The basic premise is that there will be two investment partners: the council with land to invest and an investor with cash to invest. Together the investors will procure a housebuilder and a managing agent with whom they will enter into a medium-term lease. HCA’s DPP is being used to soft market test a number of the sites on a pilot basis.
2.9.3 Custom Build
The Housing Minister wants to actively promote Custom Build to double the size of the sector over the next decade from a comparatively low base nationally of about 13,000 units per annum. The promotion of self build opportunities was identified as a key strand of DCLG’s Housing Strategy. We are working closely with DCLG to develop the proposal for a Custom Build Revolving Fund which is intended to provide funding facilities for appropriate schemes and bodies.
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We are also looking for appropriate opportunities to promote Custom Build on our own land and to use these sites to test the validity of the Custom Build enabling developer model. The core outcome of the process will be to dispose of sites in a targeted way to the Custom Build sector and to assess the competiveness of their bids against the open market value of the sites. It will be important to test the capacity of the Custom Build enabling developers. This also creates opportunities for potential new entrants to the sector. We have identified an initial five sites which we intend to bring to the market for Custom Build over the Spending Review period: y Pleasley Colliery, Bolsover y Upper Tuesley (Milford Hospital), Godalming y Chase Avenue, Walton Park, Milton Keynes y Wilson Road, Hanford, Stoke y Kingsweir & Torpoint, Bristol
2.9.4 Land Auctions
Ensuring an adequate supply of land with planning permission is important to improving housing supply and supporting jobs and growth. The purpose of the Land Auction proposal is to bring additional land forward for development and help the public sector or local authority capture a greater share of the value uplift of the land that is gained through the grant of planning. Government made a commitment in the Plan for Growth to test the land disposal elements of Land Auctions on publically owned land. DCLG are taking forward this commitment and have tasked the HCA to assist and use two of its own sites for the pilot. As such, we have started to identify sites in West Lancashire and Hastings as pilots to support the development of the wider model. We will also support the use of the pilot on MoD sites in Catterick and are currently working with DCLG to develop the prospectus and programme for the pilot and progress discussions with local authorities.
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3. The HCA’s development and disposal opportunities
This section sets out the landholdings that we expect to bring forward for development and/or disposal over the next financial year (2012/13) and an indicative pipeline for the remainder of the Spending Review period. The indicative pipeline post April 2013 does not currently include assets transferred from the RDAs in September 2011 - these will be added in the next refresh of the Plan. These indicative pipelines will be subject to further review, partner discussions and more due diligence, and it is likely that there may be substitutions. However, the purpose of publishing this information now is to provide a preliminary indication to partners of potential disposals. The timing reflects our analysis of the sites and their local markets. We are happy to discuss sites which are not included on these lists – our entire landholdings are set out on our website (see Section 1.4). Potentially interested parties should note the presumption that our land will generally be disposed of competitively as set out in Section 2. The landholdings identified for disposal are listed in this section, according to the Operating Area in which they are located and cover Strategic Development Sites and Market Sales Sites. Opportunities will be formally advertised, brought to the DPP or otherwise disposed (eg through auction) as individual sites come forward. When sites are formally advertised, these will be set out on our website: http://www.homesandcommunities.co.uk/ourwork/land-and-development-opportunities For general information, each of the landholdings listed for disposal also identifies the programme under which it is managed within the HCA, ie P&R (Property and Regeneration) or EAP (Economic Assets Programme)
Note: The aim of this Plan is to list sites that will to be taken to market in 2012/13. It is not the intention to list sites that were marketed in 2011/12 - these will be captured in our 2011/12 review document which will be produced by June of this year.
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3.1 East and South East
3.1.1 Overview of the Operating Area
The East and South East Operating Area covers the eastern side of the country from Norfolk to the south coast. As at March 2011, the HCA owned approximately 2,080 ha of land in the area, including: y Surplus public sector land including: the former Connaught Barracks in Dover, Northstowe in Cambridgeshire and former hospital sites such as Runwell in Chelmfsord; y Coalfield and economic assets transferred from EEDA and SEEDA including housing and mixed use sites in north Kent, a cluster of sites in Ashford and SEEDA’s portfolio of smaller brownfield sites (“BLAT”), former coalfield land near Dover and economic assets across Essex, Suffolk and Norfolk; y Former new towns landholdings around Crawley, Peterborough, Basildon, Harlow, Welwyn Garden City, Stevenage and Dacorum. These landholdings allow us to work with local partners to respond to a range of opportunities to promote housing and economic development in support of local ambitions. These include continuing to respond to improving transport links such as High Speed One and the commitment in the Autumn Statement 2011 to improve the A14.
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3.1.2 Map of the East and South East Operating Area showing indicative development and disposal opportunities
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3.1.3 East and South East indicative development and disposal opportunities for 2012/13
EAST AND SOUTH EAST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
S-ESE01 Spencer’s Park Dacorum 12.4 Residential Phase 1 is allocated for up to 372 Competitive Q1 P&R (Phase 1), Hemel dwellings including a small building for disposal Hempstead social/community uses, a small retail unit/corner shop, neighbourhood park and associated open space and access. S-ESE02 Betteshanger, Deal Dover 121 Open space, Former coalfield site. Open space and Options being Q1 P&R Road, Kent Commercial development land adjacent to Hadlow considered College. S-ESE03 Adur Business Centre, Adur n/a Commercial 2, 266 sq.m of retail and office space. Competitive Q1 EAP Shoreham by Sea disposal
S-ESE04 Mabledon Hospital, Dartford 14 Crematorium Former Hospital site. Limited Competitive Q2 P&R Dartford development potential. disposal
S-ESE05 Ropetackle, Adur 2.44 Residential Remediated site for housing Competitive Q2 EAP Shoreham-by-Sea development. disposal
S-ESE06 Area A and C (part), King's Lynn & 1.42 Residential Housing development. Competitive Q3 P&R Puny Drain, South West Norfolk disposal Lynn S-ESE07 Area C (part) Puny King's Lynn & 0.2 Community Site for health centre. Negotiated Q3 P&R Drain, South Lynn West Norfolk facilities disposal
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EAST AND SOUTH EAST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
S-ESE08 Dartford Northern Dartford 0.5 Commercial Existing buildings have been demolished Competitive Q3 EAP Gateway, Dartford and the site cleared. This site includes disposal Dartford Station Quarter. S-ESE09 Queenborough and Swale 0.27 Mixed Use / Disposal of small site, as part of a wider Competitive Q3 EAP Rushenden, Isle of Commercial strategic development site. disposal Sheppey
S-ESE10 Runwell Hospital Chelmsford tbc Residential led Former hospital site of 101 ha. This site Options being Q4 P&R (Phase 1), Chelmsford can be phased but the sizing of the phase considered is yet to be determined. S-ESE11 Nethermayne / Dry Basildon tbc Residential 35.74 ha greenfield strategic reserve Procurement Q4 P&R Street inc. Longwood allocation site which is part of larger (DPP) Equestrian centre, public sector land holding providing an Basildon additional 8.43 ha. Working with the other two landowners to agree the phasing. S-ESE12 Connaught Barracks, Dover tbc Residential Former Barracks of 56 ha for approx 500 Options being Q4 P&R Dover dwellings. Phased disposal. Size of first considered phase to be determined. S-ESE13 Northwick Road, Castle Point 8.1 Commercial Part service, vacant land. Competitive Q4 EAP Canvey Island disposal
S-ESE14 The Hythe, Colchester Colchester 1.21 Mixed Use Demolition of existing buildings to start in Competitive Q4 EAP March 2012. Cleared site to be offered for disposal sale as a whole or in two parts. S-ESE15 Northfleet Gravesham 0.07 Residential Small site. Competitive Q4 EAP Embankment, Crete disposal Hall Road, Northfleet
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EAST AND SOUTH EAST (INDICATIVE) MARKET SALES SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-ESE01 Plot 5, Shearway Shepway 0.54 Commercial Serviced and vacant development plot to Available Q1 EAP Business Park, be sold for light industrial use. development Folkstone opportunity M-ESE02 Plot 7, Shearway Shepway 0.18 Commercial Serviced and vacant development plot to Available Q1 EAP Business Park, be sold for light industrial use. development Folkstone opportunity M-ESE03 Alexandra and Southend on 0.67 Mixed Use Operational car parks. Options being Q2 P&R Clarence car parks, Sea considered Southend M-ESE04 Riverside Business Waveney 1.1 Commercial Serviced land. Two separate plots to be Competitive Q2 & EAP Park, Lowestoft sold. disposal Q4
M-ESE05 Thorby Avenue, Fenland 1.86 Commercial Serviced land. Two plots to be sold. Competitive Q2 & EAP March Trading Estate, disposal Q4 March M-ESE06 Tudor Estate Tendering 23.7 Grazing land or Greenfield site Competitive Q3 EAP Meadows, Jaywick, Public Open disposal Clacton-on-Sea Space M-ESE07 242 Eye Road, Peterborough 0.15 Residential Housing site suitable for two units. Competitive Q1 P&R Peterborough disposal
M-ESE08 The Beehive Public Welwyn 0.91 Commercial Sale of freehold reversion. Private Treaty Q3 P&R House, Welwyn Hatfield M-ESE09 The Grand Parade, Crawley 0.99 Residential Vacant town centre brownfield sites Competitive Q4 P&R Crawley disposal
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EAST AND SOUTH EAST (INDICATIVE) MARKET SALES SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-ESE10 Warrior Square, Hastings 0.03 Residential Vacant town centre brownfield site Competitive Q4 EAP Former Sorting Office, disposal Hastings M-ESE11 Plots 1-3, Church Hastings 0.09 Residential Vacant brownfield sites. Potential Land Competitive Q4 EAP Street, Hastings Auction site. disposal
M-ESE12 73 Charles Street, Dartford 0.04 Residential Former lock-up garage site which has Competitive Q4 EAP Dartford now been cleared. disposal
M-ESE13 73 High Street, Medway 0.01 Residential Site in Chatham High Street. Competitive Q4 EAP Chatham disposal
M-ESE14 Marlowe Centre, St Canterbury 0.20 Residential and Former adult education centre and Competitive Q4 EAP Peter’s Lane, Commercial teaching block. disposal Canterbury
M-ESE15 Sauls Wharf, Great Great 0.33 Commercial or Demolition of existing buildings to start in Competitive Q4 EAP Yarmouth Yarmouth Residential March, 2012. Cleared site to be offered disposal for sale.
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3.1.4 East and South East indicative development and disposal opportunities for 2013/14 – 2014/15
EAST AND SOUTH EAST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Forge Farm, North Crawley 42.54 Residential, Vacant undeveloped land with planning permission for housing, 2013/14 P&R East Crawley Mixed Use commercial and mixed uses.
Milford Hospital, Godalming 12.80 Residential Former Hospital site with planning policy for housing. Potential 2013/14 P&R Godalming for ‘Custom Build’.
Severalls Hospital – Colchester 11.4 Residential Former hospital in joint ownership with NHS Trust who own 2014/15 P&R (Phase 2), Colchester 33.3ha. Subject to agreeing phased disposal strategy with the NHS trust.
16a Endeavour Drive, Basildon 1.86 Commercial Town centre site 2014/15 P&R Basildon
16c Endeavour Drive, Basildon 1.81 Commercial Town centre site 2014/15 P&R Basildon
Castor & Ailsworth, Peterborough tbc Residential Within the context of a strategic site. 2014/15 P&R (Phase 1), Peterborough
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3.2 Midlands
3.2.1 Overview of the Operating Area
The Midlands Operating Area covers much of the former East and West Midlands regions with boundaries at the east changed to reflect the new geography of Local Enterprise Partnerships. As at March 2011, the HCA owned approximately 2,600 ha of land in the area. It includes: y Former new town landholdings particularly in Milton Keynes, Telford and also Northampton, Corby and Redditch; y Former coalfield sites; y Landholdings in and around the cities including Birmingham, Coventry, Leicester, Nottingham and Derby; and y Economic assets in the Black Country. The assets include a mix of development opportunities and are in a mix of markets. When considering the Disposal Plan for the assets in the Midlands, we have taken into account the views of our partners as well as the capacity of the market to absorb the assets. There are two elements to this. Firstly, in certain parts of the area, for example Telford and to a lesser extent Milton Keynes, the HCA controls a significant proportion of the available development land. This, coupled with issues of demand means that care needs to be taken in releasing sites to the market to ensure that both developer confidence is maintained and the HCA receives a reasonable return on the disposal of the assets. Secondly, a number of the HCA’s assets are of a significant size with development capacities in excess of 1,000 dwellings. As such, these sites will only be developed out over a number of years and in the current market, are only likely to be attractive to developers at a discounted value. Accordingly, disposal of such sites will be considered on a phased basis. In Milton Keynes we are in conversation with the council about disposal of our portfolio. We expect that to be concluded by the autumn and the position will be reflected in the next update of the Plan. We have therefore only listed those Milton Keynes sites where a joint agreement has been made to market them during the early part of 2012/13.
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3.2.2 Map of the Midlands Operating Area showing indicative development and disposal opportunities
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3.2.3 Midlands indicative development and disposal opportunities for 2012/13
MIDLANDS (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP *
S-M01 Kingsmead South Milton Keynes 6.32 Residential Major development opportunity on Procurement Q1 P&R 1&2, Milton Keynes western edge of Milton Keynes. Potential (DPP) for 250 dwellings and creation of local centre. Servicing and infrastructure works completed in 2010. S-M02 Ansty Park, Coventry Coventry 10 Commercial 28.61ha site has outline permission for Competitive Q1 EAP B1 uses and will be marketed for high disposal tech end users to compliment development already undertaken on site. S-M03 Abbey Meadows, Leicester 2.55 Commercial The site is allocated for employment uses Competitive Q1 EAP Abbey Lane, Leicester within the research and high technology disposal sectors and has been cleared and serviced. Part of the site has been identified for the development of an innovation centre in partnership with Leicester City Council with other plots available for further commercial development. S-M04 Towers Business Cannock 2.43 Commercial Former colliery site with an original area Competitive Q1 P&R Park, (former Lea Hall Chase of 38.84 ha that has been fully disposal colliery), Wheelhouse remediated and serviced plots created. Road, Cannock The majority of the site has now been developed by developers and end occupiers. One plot of 2.43 ha remains available.
* Property and Regeneration / Economic Assets Programme
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MIDLANDS (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
S-M05 Aston RIS, Aston, Birmingham 8.34 Commercial 8 ha of land for B1 and B2 development Competitive Q2 EAP Birmingham split across four sites and forming part of disposal the regional investment site for north Birmingham. S-M06 Northampton Phase 5 Northampton tbc Residential Located on the outskirts of Northampton, Procurement Q2 P&R (Wootton) site has an allocated development (DPP) capacity of 1,000 dwellings (emerging West Northamptonshire Joint Core Strategy). Draft master plan prepared with outline planning application due to be submitted in April 2012. Marketing will follow the grant of planning consent. S-M07 Tattenhoe Park Phase Milton Keynes 5.00 Residential Major development opportunity with Procurement Q3 P&R 2, Milton Keynes potential for 300 dwellings and creation of (DPP) local centre. S-M08 Former Matthew Birmingham 3.8 Mixed Use Cleared site available for mixed use Competitive Q3 EAP Bolton College, Bristol development. disposal Street South, Birmingham S-M09 Chelmsley ADR Land, Solihull 4.17 Residential Greenfield site identified for residential Procurement Q4 P&R Coleshill Road, development in Solihull’s draft Core (DPP) Solihull Strategy.
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MIDLANDS (INDICATIVE) MARKET SALES SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-M01 Chartwell Business Bridgnorth 1.22 Commercial Serviced plots available with planning Competitive Q1 EAP Park, Stourbridge consent for B1, B2 and B8 uses. disposal Road, Bridgnorth M-M02 Unit 9, Quinton Dudley n/a Commercial 2550.7sq.m detached modern two storey Competitive Q1 EAP Business Park, office building with 132 car spaces, disposal Halesowen, located on a premium business park ideal Birmingham for HQ use. M-M03 Hadley Park B Telford and 2 Commercial Currently being marketed for B1, B2 and Competitive Q1 P&R (remainder), Hadley, Wrekin B8 uses. disposal Telford M-M04 Grange Farm 8: Plots Milton Keynes 0.28 Residential Three residential plots suitable for self- Competitive Q1 P&R 8, 9 & 10 Ashford builders or small developers/contractors. disposal Crescent, Milton Auction to take place on 26 April 2012. Keynes M-M05 Ashton Business Park, Leicester 2.51 Commercial Land originally acquired for relocation of Competitive Q1 P&R Hoods Close, companies within Leicester Regeneration disposal Leicester Area. Range of serviced plots available. M-M06 Bedgebury Place, Off Milton Keynes 1.04 Residential Site of former student accommodation; Competitive Q1 P&R Tunbridge Grove, now demolished. Development brief disposal Kents Hill, Milton being prepared prior to marketing for Keynes housing. M-M07 Chase Avenue, Milton Keynes 0.56 Residential Pilot site for enabled ‘Custom Build’ Competitive Q1 P&R Walton Park, Milton development with capacity for six to eight disposal Keynes dwellings. Part of wider corporate initiative.
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MIDLANDS (INDICATIVE) MARKET SALES SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-M08 First School Site, Milton Keynes 0.81 Residential Site formerly reserved for development of Competitive Q1 P&R Shenley Brook End, first school. No longer required for disposal Milton Keynes educational use and to be marketed for housing. M-M09 Wilson Road, Hanford Stoke-on 1.25 Residential Pilot site for enabled ‘Custom Build’ Competitive Q1 P&R Stoke Trent development with capacity for 23 disposal dwellings. M-M10 Site D, Pool Hill Rd Telford and 0.66 Residential Site benefits from outline planning Competitive Q2 P&R Horsehay, Telford Wrekin permission and can accommodate 10 disposal dwellings. Change in level across the site of some 4 m. M-M11 Site C, Pool Hill Rd, Telford and 0.27 Residential Site benefits from outline planning Competitive Q2 P&R Horsehay, Telford Wrekin permission and can accommodate six disposal dwellings. M-M12 Walsall Waterfront, Walsall 0.97 Mixed Use 0.97 ha of land available for a mixed use Competitive Q2 EAP Wolverhampton scheme fronting onto the canal network disposal Street, Walsall sitting within a major new canal side quarter which has seen 300 dwellings and a 100 bed hotel constructed to date. M-M13 Parkside 2, Paradise Coventry 0.26 Mixed Use 0.26 ha site situated on Coventry ring Competitive Q2 EAP Street, Coventry road available for mixed use disposal development. M-M14 Woodland Farm Telford and 0.58 Residential Premises suitable for barn conversion Competitive Q2 P&R Buildings, Horsehay, Wrekin and lie adjacent to Lightmoor disposal Lightmoor, Telford development. It is proposed to dispose of the site at auction.
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MIDLANDS (INDICATIVE) MARKET SALES SITES: 2012/13 (continued… 2)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-M15 Corus Site, Wharfdale Birmingham 0.84 Commercial The property is the former Corus Competitive Q3 EAP Road, Tyseley, manufacturing facility comprising 4,785 disposal Birmingham sq.m with yard area on a site of 0.84 ha. The creation of a site for employment use – targeted at the area’s strengths in renewable/environmental technologies and linked to the Tyseley Energy Recovery Centre – is envisaged. M-M16 Lyons Park, Browns Coventry 9.1 Commercial Future development site for B1, B2 and Competitive Q3 EAP Lane, Coventry limited B8 uses. disposal M-M17 City Wharf, Old Wharf Lichfield 0.36 Residential Development plot for residential infill Competitive Q3 EAP Close, Lichfield scheme. disposal M-M18 The Limes, Himley, Dudley 1.23 Residential Small greenfield site within village of Competitive Q3 P&R Staffordshire Himley. Part of site lies within village disposal envelope; part within Green Belt. M-M19 Enfield 7, Enfield Redditch 1.02 Commercial Site currently allocated for commercial Competitive Q3 P&R Business Park, Off use but with potential for reallocation. It is disposal Windsor Road, proposed to dispose of the site at auction. Redditch M-M20 Blackwood Hedge Northampton 4.94 Residential Potential housing site. To be disposed of Options being Q4 P&R (adjacent) Danes following resolution of planning issues. considered Camp Way, Northampton
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3.2.4 Midlands indicative development and disposal opportunities for 2013/14 – 2014/15
MIDLANDS (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Site A, Brackmills, Northampton 2.62 Commercial Commercial development site within Brackmills employment 2013/14 P&R Northampton area.
Bucknall Main Site, Stoke-on- 3.42 Residential Land to rear of Bucknall Hospital. HCA working with adjacent 2013/14 P&R Eaves Lane, Bucknall, Trent landowners to bring site forward for development. Stoke-on-Trent Smallwood Health Redditch 0.42 Mixed use Town centre site, existing building to be demolished in part. 2014/15 P&R Centre, Church Green Work with adjacent landowner to review development options West, Redditch (possible retail/residential).
The Beeches Telford and 3.38 Residential Grade II listed hospital building together with adjoining paddock. 2014/15 P&R Hospital, Lincoln Hill, Wrekin Potential for conversion to residential use with enabling Telford residential development.
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MIDLANDS (INDICATIVE) MARKET SALES SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Lea Castle Hospital, Wyre Forest 93.20 Mixed use Former hospital site in the Green Belt which is scheduled to go 2013/14 P&R Kidderminster to market in early 2013. A development framework to establish the mix of uses on site is being prepared.
Frome Way/ Telford and 3.87 Residential Site has benefit of a resolution to grant planning consent and 2013/14 P&R Donnington H Phase Wrekin has capacity for 80 dwellings. Work underway to conclude s106 III, Off Frome Way, agreement and update site and ecological reports. Telford Cuckoo Oak Hotel Telford and 1.99 Public house Currently allocated for employment use, intention to switch to 2013/14 P&R Site, Cuckoo Oak, Wrekin residential use. Site can accommodate 30 dwellings. Telford Park Rd, Malinslee, Telford and 1.15 Residential Land allocated for residential use, can accommodate 75 2013/14 P&R Telford Wrekin dwellings.
Horsehay Land, Off Telford and 5.17 Residential Project managed by the Bourneville Village Trust, the site is 2013/14 P&R Woodlands Lane - Wrekin likely to deliver circa 200 dwellings. A planning application is Lightmoor, Telford likely to be lodged in December followed by marketing in early 2013. Hadley Park West, Telford and 6.97 Residential Site currently allocated for employment use. Strategy to switch 2014/15 P&R Telford Wrekin to residential use. Site has capacity for 175 dwellings.
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3.3 North East, Yorkshire and The Humber
3.3.1 Overview of the Operating Area
The HCA land supply for housing, commercial or industrial land uses in the North East Yorkshire and The Humber stood at approximately 630 ha, as at March 2011, with the land holdings having been considerably boosted during the year by the transfer of economic assets. It includes: y Former coalfield sites, particularly in Yorkshire; y Previous hospital sites particularly in Northumberland and Leeds; and y Strategic assets in the City Regions. The total operating area is characterised by having very different markets for the North East, Leeds City Region, Sheffield City Region and The Humber, and then different markets within those geographical sub areas. Sales values in Hull for example are one third of those in Harrogate. Within the Operating Area’s total landholding, a proportion has been identified for housing growth - for example Castle College in Sheffield, the former Grimsby Hospital, and Cherry Knowle in Sunderland, which will be brought forward to the market in 2012/13. Other sites which are anticipated to be brought to the market in the next three years include the remaining phases of Allerton Bywater, and the St Georges sites in the North East. Whilst several of the Strategic Development Sites have more than one phase at present, it is considered that the market is not strong enough to bring forward subsequent phases in this Spending Review period. However, should conditions change these could be considered. A further proportion of the Operating Area’s land is either allocated for industrial, commercial or mixed use developments, some of which could be delivered over the next three years in plots that already have roads and services to the perimeter. Eighty per cent of these oven ready plots are in Sheffield City Region primarily as a result of the National Coalfield Programme sites, but the area has also benefited from a number of former Yorkshire Forward sites, such as the Digital Campus land in Sheffield that will help the HCA demonstrate investment and land disposal aligned with LEP and Core City strategies.
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3.3.2 Map of the North East, Yorkshire and The Humber Operating Area showing indicative development and disposal opportunities
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3.3.3 North East, Yorkshire and The Humber indicative development and disposal opportunities for 2012/13
NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP *
S-NEYH Grimsby Hospital, North East 2.8 Residential Part cleared site. Procurement Q1 P&R 01 Grimsby Lincolnshire (OJEU)
S-NEYH Castle College, Sheffield 2.7 Residential Cleared site on periphery of Sheffield Procurement Q1 P&R 02 Sheffield City Centre. (DPP)
S-NEYH Prudhoe Hospital Northumberlan 6 Mixed Use Mixed use site with approx 180 homes Procurement Q1 P&R 03 (Phase 1), d and 10,000sqm mixed use which could (DPP) Northumberland include hotel / leisure / commercial. S-NEYH St Georges Hospital Northumberlan 10 Residential First phase of larger development, of Procurement Q1 P&R 04 (Phase 1), d circa 300 housing units. (DPP) Northumberland
S-NEYH Porter Brook Site, Sheffield 0.78 Educational Site currently used as a car park. Negotiated Q1 EAP 05 Sheffield disposal
S-NEYH Capitol Park, Goole East Riding 121.26 Commercial Cleared site with land transfer to East Negotiated Q1 EAP 06 of Yorkshire Riding of Yorkshire Council following disposal securing of ERDF funding for highways. S-NEYH Cherry Knowle, Sunderland tbc Residential 47.6 ha site to be disposed of after HCA Procurement Q2 P&R 07 Sunderland infrastructure works are completed. (DPP)
S-NEYH Riley Centre, Hull Hull 3.2 Residential Cleared site approximately two miles Negotiated Q3 EAP 08 west of Hull city centre. disposal
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NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP*
S-NEYH The Tyrls, Bradford Bradford 0.33 Mixed Use Purpose built former police station. Part Negotiated Q4 EAP 09 leased to the Ministry of Justice. disposal S-NEYH Seacroft Hospital, Leeds 15.6 Residential Planning work underway with partners to Procurement Q4 P&R 10 Leeds enable site to be offered to market. (DPP)
* Property and Regeneration / Economic Assets Programme
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NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) MARKET SALES SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-NEYH Dinnington Phases Rotherham 17.86 Commercial Fully serviced plots. Available Q1 P&R 01 1&2, Rotherham development Opportunity M-NEYH Hickleton, Barnsley Barnsley 0.89 Commercial Fully serviced plots. Available Q1 P&R 02 development Opportunity M-NEYH Coney Green Farm, North East 12.69 Commercial Fully serviced plots. Available Q1 P&R 03 Clay Cross, Derbyshire development Chesterfield Opportunity M-NEYH Shirebrook, Bolsover Bolsover 5.0 Commercial Fully serviced plots. Available Q1 P&R 04 development Opportunity M-NEYH Allerton Bywater Leeds 0.9 Commercial Final commercial phase. Competitive Q1 P&R 05 Northern disposal Commercial, Leeds M-NEYH Green Lane, Wakefield 2.2 Commercial Former coalfield site. Competitive Q1 P&R 06 Wakefield disposal M-NEYH Burma Drive, Hull Hull 4.19 Commercial Vacant development site with a long Competitive Q1 EAP 07 established industrial area. A spine road disposal is required. M-NEYH Old Shire Hall, Durham 0.44 Commercial Grade II Listed building dating from Options being Q2 EAP 08 Durham 1896. To be sold as a hotel / office considered opportunity once current lease expires.
M-NEYH Tower Works. Leeds Leeds 0.81 Residential / Potential for both housing and / or office Competitive Q2 EAP 09 Commercial development. disposal
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NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) MARKET SALES SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-NEYH Haverton Hill (1), Stockton-on- 1.01 Commercial Sale of freehold reversion. Private Treaty Q3 P&R 10 Billingham Tees
M-NEYH Haverton Hill (2), Stockton-on- 1.05 Commercial Sale of freehold reversion. Private Treaty Q3 P&R 11 Billingham Tees
M-NEYH Killingworth Stores, North 15.79 Commercial Subject to further discussion with local Competitive Q3 P&R 12 North Tyneside Tyneside planning authority. disposal
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3.3.4 North East, Yorkshire and The Humber indicative development and disposal opportunities for 2013/14 – 2014/15
NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Pleasley Colliery, Bolsover 0.54 Residential Reclaimed site next to Schedule Ancient Monument with 2013/14 P&R Bolsover potential for ‘Custom Build’.
Allerton Bywater, Leeds 5.7 Residential Final phase of new community, site infrastructure complete and 2013/14 P&R Leeds fully remediated.
Wharfedale Hospital, Leeds 1.85 Residential Site benefits from outline planning consent 2013/14 P&R Leeds
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NORTH EAST, YORKSHIRE AND THE HUMBER (INDICATIVE) MARKET SALES SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Norton Aerodrome, Sheffield 18.7 Residential Brownfield site in greenbelt with no planning approval. 2013/14 P&R Sheffield
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3.4 North West
3.4.1 Overview of the Operating Area
At March 2011, HCA land and asset holdings in the North West totalled approximately 1,430 ha. This diverse portfolio encompasses brownfield and greenfield land, strategic sites, those available for market sale and some sites not suitable for development. These sites are spread across 22 local authorities with notable concentrations around Liverpool, Preston, South Ribble and Warrington. Within the area, localities exhibit distinct economic characteristics, housing market conditions and development opportunities, as expressed within the seven Local Investment Plans covering the North West and support the emerging ambitions of LEPs and Core Cities. We are committed to working with partners to help realise the local ambitions highlighted within these by bringing to together investment, enabling, economic assets and public land as part of a coordinated, place-focused approach. The development and disposal of HCA land assets can play an important role here, particularly in supporting the delivery of: y Community-led ambitions; y Economic, housing and commercial ambitions outlined within Local Investment Plans; and y Priorities to spearhead growth identified by the North West Stewardship Group.
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3.4.2 Map of the North West Operating Area showing indicative development and disposal opportunities
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3.4.3 North West indicative development and disposal opportunities for 2012/13
NORTH WEST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
S-NW01 Brindle Road, Preston South Ribble 1.83 Residential Site with outline planning permission for Competitive Q1 P&R 42 open market sale residential units. disposal Affordable off site payment agreed. Disposal via open market tender is proposed with developer selection to follow in 2012/2013. . S-NW02 Bruche, Warrrington Warrington 10.5 Residential Brownfield residential site. Ex Police Competitive Q1 P&R training centre with potential for 220 units. disposal Will require some on site demolition. Planning application due to be considered at the end of March 2012 with formal open market tendering in spring 2012. S-NW03 Kingswood 8, Warrington 2.47 Residential Allocated Brownfield Residential site with Competitive Q1 P&R Warrington consent for circa 100 units. disposal
S-NW04 Gorton Monastery, Manchester 1.87 Residential DPP to be approached to deliver Private Procurement Q3 P&R Manchester Rented scheme. In association with (DPP) Manchester City Council. S-NW05 Sandymoor South, Halton 7 Residential Site to be marketed on Sandymoor Procurement Q3 P&R Runcorn Residential area via OJEU for circa 240 (OJEU) units. Off site works required. Total site at Sandymoor South has outline consent for 469 units.
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NORTH WEST (INDICATIVE) MARKET SALES SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M-NW01 Beechwood Avenue, Halton 0.6 Residential Small Residential site in Runcorn. Competitive Q2 P&R Runcorn disposal M-NW02 Wirral International Wirral 1.2 Commercial Final development plot within the Ferry Competitive Q2 EAP Business Park – View component of the established Wirral disposal remaining Ferry View International Business Park. plot M-NW03 Borders Business Carlisle 1.9 Commercial Vacant development land on edge of Competitive Q3 EAP Park, Longtown, Longtown. disposal Carlisle M-NW04 Lea Green Industrial St Helens 0.4 Commercial Development plot on established Competitive Q3 EAP Estate, St Helens Industrial Estate disposal M-NW05 Croft Business Park, Wirral 2.1 Commercial Vacant site, forming part of Croft Competitive Q3 EAP Bromborough, Wirral Business Park disposal M-NW06 Preston East Preston 6.5 Commercial Plots 1, 2 and 3 will be disposed of during Competitive Q3 P&R Employment Area, 2012/13. disposal Preston M-NW07 Manor Park, Runcorn Halton 0.73 Commercial Commercial site – on going sale of Available Q4 P&R serviced plots subject to market demand. Development Opportunity M-NW08 Rossmoor Road, Cheshire 0.16 Commercial Vacant site with completed ground works, Competitive Q4 EAP Ellesmere Port West and adjoining an existing Business Park. disposal Chester M-NW09 27 Blossom Street, Manchester n/a Commercial Character self-contained office building Competitive Q4 EAP Ancoats, Manchester providing 3 floors of accommodation disposal totalling 367 sq.m.
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3.4.4 North West indicative development and disposal opportunities for 2013/14 – 2014/15
NORTH WEST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Gemini 16.2, Warrington 1.8 Commercial / Commercial site now being considered for residential, subject to 2013/14 P&R Warrington residential planning approval as a departure from LP allocation. Site area reflects a potential first phase. Site V, Cottam Hall, Preston 3.9 Residential Further phase of large residential site to be brought forward for 2013/14 P&R Preston sale subject to approval of submitted outline planning application for 1100 units. Omega, Warrington Warrington 23 Commercial This relates to Plots B &C to the North of the M62 which will be 2013/14 P&R brought forward for logistics development. Part of a wider project in JV with Miller Developments and RBS
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NORTH WEST (INDICATIVE) MARKET SALES SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Preston East Preston 6 Commercial Commercial sites – on going sale of serviced plots subject to 2013/14 P&R Employment Site, market demand. Preston
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3.5 South and South West
3.5.1 Overview of the Operating Area
The HCA’s South and South West Operating Area runs from Cornwall to Gloucestershire, and includes Oxfordshire, Berkshire, Hampshire and the Isle of Wight. As at March 2011, the HCA owned approximately 460 ha in the area including: y Economic development and mixed use sites around Southampton, Fareham, Portsmouth, Gosport, Havant and the Isle of Wight; y Mixed use and residential sites around Bristol and South Gloucestershire; y Economic and mixed use development sites in and around Plymouth; y Economic development sites across Cornwall and a cluster of commercial, residential and mixed use sites around Camborne, Poole and Redruth; y Former new town land holdings around Bracknell; and y Individual economic development sites across the area. We are working with local authorities and LEPs as we develop strategies for these sites. An exercise to review any synergies between HCA landholdings and the recently announced surplus public sector land has also been undertaken. This has not altered any specific disposal strategies but has provided the opportunity to work with local partners to deliver Local Investment Plan priorities, particularly in terms of strategic Ministry Of Defence sites.
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3.5.2 Map of the South and South West Operating Area showing indicative development and disposal opportunities
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3.5.3 South and South West indicative development and disposal opportunities for 2012/13
SOUTHAND SOUTH WEST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP *
S-SSW01 Vestas Technology Isle of Wight n/a Commercial Sale of modern technology centre. Private Treaty Q1 EAP Centre, West Medina Mills, Isle of Wight S-SSW02 Holmleigh, 123 Fareham 0.364 Residential Detached house and gardens suitable for Competitive Q2 P&R Bridge Road, refurbishment disposal Fareham S-SSW03 Blackberry Hill Bristol 8.72 Residential Former NHS hospital site, including a Competitive Q3 P&R Hospital number of listed buildings requiring disposal refurbishment. Mixed use development proposed, including re-use of heritage buildings and new build residential development. S-SSW04 Trevenson Gateway, Cornwall 1.1 Commercial Site with potential for hotel, pub Competitive Q3 P&R Pool, Cornwall restaurant and office use. disposal S-SSW05 Lord Mayor Treloar, East 26.43 Residential Former NHS hospital site, including a Private Treaty Q4 P&R Alton Hampshire number of redundant buildings. Potential capacity for 150 new homes. HCA negotiating with adjoining land owners to undertake joint venture development. S-SSW06 Knowle Hospital, Winchester 9.17 Residential Former NHS hospital holdings, including Competitive Q4 P&R River Lane, existing buildings. Considered suitable for disposal Winchester infill residential development and some employment uses. S-SSW07 Slough Library, High Slough 0.23 Other Former town library building with outline Private Treaty Q4 P&R Street, Slough consent for redevelopment for hotel, 90 new homes and 1,000sq m of retail use. * Property and Regeneration / Economic Assets Programme
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SOUTH AND SOUTH WEST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2012/13 (continued… 1)
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
S-SSW08 Beacon Technology Cornwall 5.79 Commercial Offer for sale by way of Building Lease of Competitive Q3 / EAP Park, Bodmin, serviced development plots for disposal Q4 Cornwall employment use. S-SSW09 Helston Business Cornwall 6.8 Commercial Offer for sale by way of Building Lease of Competitive Q3 / EAP Park, Helston, serviced development plots for disposal Q4 Cornwall employment use. S-SSW10 Land at Trevol, Cornwall 7.6 Commercial Offer for sale by way of Building Lease of Competitive Q3 / EAP Torpoint, Cornwall serviced development plots for disposal Q4 employment use. S-SSW11 Land at Tolvaddon Cornwall 12 Commercial Offer for sale by way of Building Lease of Competitive Q4 EAP Business Park, Pool, serviced development plots for disposal Cornwall employment use. S-SSW12 Land at Indian Cornwall 7.9 Commercial Offer for sale by way of Building Lease of Competitive Q4 EAP Queens, Cornwall serviced development plots for disposal employment use. S-SSW13 (Part) Northern Forest of 2.64 Mixed use Former coalfield site, suitable for Competitive Q4 P&R United Colliery, Dean employment and residential development. disposal Forest of Dean
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SOUTH & SOUTH WEST (INDICATIVE) MARKET SALES SITES: 2012/13
Ref: Name / address Local Site area Proposed use Comments Indicative Date P&R / Authority (ha) disposal route EAP
M- Units 2, 3, 4 Treleigh Cornwall n/a Commercial Sale of let and income generating Competitive Q2 EAP SSW01 Industrial Estate industrial units. disposal M- Castle House, Truro Cornwall n/a Commercial Sale / letting of 354 sq.m. office building Competitive Q3 EAP SSW02 with vacant possession. disposal
M- Guildford Road Ind. Cornwall n/a Commercial Sale of let and income generating Competitive Q3 EAP SSW03 Est. industrial units. Built estate of eight units disposal (1,410 sq.m).
M- Cooksland Industrial Cornwall n/a Commercial Sale of let and income generating Competitive Q4 EAP SSW04 Estate, Bodmin industrial units. Units 1and 2 (15,996 sq disposal ft).
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3.5.4 South and South West indicative development and disposal opportunities for 2013/14 – 2014/15
SOUTH AND SOUTH WEST (INDICATIVE) STRATEGIC DEVELOPMENT SITES: 2013/14 – 2014/15
Name / address Local Site area Proposed use Comments Date P&R / Authority (ha) EAP
Trevenson Park Cornwall 0.36 Commercial Development plot suitable for employment uses. 2013/14 P&R South, Pool, Cornwall Filwood Park, Bristol 4.6136 Residential Filwood Park and the Hangar Site will be promoted for 2014/15 P&R Hengrove Way, Bristol development jointly with potential for 5 acres of residential development and 1.9 acres of employment uses. Hangar Site, Bristol 2.8311 Residential See Filwood Park above. 2014/15 P&R Hengrove Way, Bristol Former Mazda Plymouth 0.1151 Commercial Former commercial garage, suitable for redevelopment for 2014/15 P&R Garage, Plymouth employment uses.
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Publication date: 20 March 2012