Thousands of new homes to be built as MOD releases more sites
The Ministry of Defence (MOD) has announced the release of further land to provide thousands of new homes and generate around £140million.
The MOD releases further land to provide thousands of new homes and generate around £140million.
The 10 sites are expected to provide land for around 7,000 new homes – the vast majority of which will be released in time to contribute to the government’s target of 160,000 by 2020 - with every penny generated from the disposal ploughed back into defence spending.
The move follows the announcement of 12 sites for disposal in January. It means the Ministry of Defence has released land for up to 22,000 homes, expected to generate around £640 million. It is part of the department’s plan to reduce by 30 per cent the size of its built estate, delivering a more efficient defence estate.
Defence Minister Mark Lancaster said:
Every pound we make by disposing of excess land will be reinvested into a defence budget that keeps Britain safe. It will make the defence estate more efficient and better suited to the needs of our armed forces. And it will help thousands of people to own their own home.
The defence estate currently spans one per cent of all UK land and covers 452,000 hectares. The department has committed to generating £1 billion through land sales during this parliament and contributing up to 55,000 homes.
The 10 sites released today are:
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Thornhill Barracks (Part of Clayton Barracks, Aldershot)
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Burgoyne Barracks (Part of Shorncliffe Barracks, Folkestone)
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Clive Barracks (Tern Hill, Shropshire)
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Fitz Wygram House – Royal Army Vet Corps (Aldershot)
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Army Officer Selection Board Westbury (Wiltshire)
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Defence Training Estate land near Cove (Farnborough)
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Rylston Road ARC (London)
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MOD Wethersfield (Essex)
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Chetwynd Barracks (Chilwell, Nottinghamshire)
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MOD Cheadle Hulme (Greater Manchester)