The Homes and Communities Agency (HCA) has revealed its latest list of sites set to be released for development to support housing, jobs and growth in local communities.
The fourth Land Development and Disposal Plan provides an updated schedule of sites that the Agency expects to bring forward for development and/or disposal up until March 2015.
The plan includes a range of commercial and housing development in a mix of sizes and locations across England and provides information about the landholdings and their anticipated disposal dates.
Richard Hill, Deputy Chief Executive of the HCA, said:
“As at 1 April 2013, the HCA is responsible for approximately 9,400 hectares of land, property assets and liabilities across England. We have a significant role to play in ensuring public sector land is brought forward for housing or commercial development in a timely and appropriate way.
“Land is key to promoting economic growth and this plan sets out how we will bring forward opportunities for new homes, employment and community facilities at sites across the country. We have already released sites to support custom build and private renting, and will now be working with local partners to identify further opportunities in 2013/14.”
The HCA’s principles for disposing of its land are: • being transparent about 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 • 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 • carrying out disposals on terms that promote development, economic activity and growth.
While seeking market value for its land, the HCA will also aim to carry out disposals on terms that promote development. For example using deferred payments – Build Now, Pay Later, helps developers with up front cash flow, making marginal sites financially viable. There are also faster procurement methods, for example through the Delivery Partner Panel which helps improve the speed at which land becomes available for development. Sites listed will be disposed of on a competitive basis or by disposing of them through an OJEU process or auction.
The plan is aimed at those carrying out development in the housing, commercial and mixed use sectors, who may be potential purchasers of HCA landholdings. Sites will be advertised via the HCA website and on the Government’s site Find Me Some Government Space.
The HCA’s housing sites contribute to the Government’s ambition to release public land with capacity for up to 100,000 homes by March 2015.
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