The Homes and Communities Agency (HCA) has recently taken on 35 sites from other government bodies as part of a nationwide effort to get public land with capacity for up to 100,000 homes out to market by March 2015.
The first pilot deal has seen the HCA secure Persimmon Homes Lancashire as the developer for the 17-acre Liverpool site. It was identified within Sefton Metropolitan Borough Council’s 2011 Strategic Housing Land Availability Assessment as a potential area for sustainable redevelopment.
The completion of the deal comes as the HCA publishes its latest Land Development and Disposal Plan (LDDP) today. The updated plan details the landholdings available to developers that the HCA expects to bring to market over the next 2 years running up to March 2016.
The LDDP sets out how the HCA will use its experience of managing large portfolios of land and assets to potentially bring up to 200 sites to market between now and March 2016. Sites in the LDDP will build on the housing capacity of those already disposed, bringing the HCA’s contribution to government’s commitment to dispose of enough land with capacity for 100,000 homes to around 17,000, up from 14,000, by March 2015.
HCA Chief Executive, Andy Rose, said: “From 2015, the HCA will take on an enhanced land disposal role for Government, adding value to surplus public sector sites with development potential and speeding up their sale to help increase the supply of housing and increase economic growth.”