Abstracts: November 28th, 2014
There’s enough brownfield land to build more than one million homes across England with new analysis revealing that a quarter of it is owned by councils. Developers are reluctant to use brownfield land because of higher development costs.
In London, a massive 40 percent of brownfield land with potential to build on is owned by councils, which will cause questions to be asked of planning chiefs and politicians who have constantly vowed to speed up development on these sites.
A new report by Daniel Watney, an independent property consultancy, has highlighted over 23,000 ha of brownfield land in England, with over 10,000 hectares suitable for housing.
Nationally, the sites identified have the potential capacity for over 460,000 homes. 25% of these homes are on brownfield land owned by the public sector – with enough space for nearly 120,000 homes.
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