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Copyright: copyright of clearlandsolutions 2006 Thu, 11 May 2006 02:22:18 +0200 Exactly how big can Chester become? That is the issue facing city planners as they seek to strike the fine balance between sustaining growth and preserving the city's special character and distinct Green Belt boundaries. ROB DEVEY investigates. BEFORE the ink has even dried on Chester's long-awaited Local Plan, planners are thinking ahead to its successor. The Plan could finally be adopted by councillors this month following 2004's public inquiry. Changes to Government guidelines mean it must be followed by a new Local Development Framework (LDF), setting out a fresh blueprint for development and land-use in Chester. The document will have major implications for homes, jobs and transport links in the city. It will be informed by the West Cheshire and North East Wales Sub-Regional Spacial Strategy, produced by consultants for neighbouring local authorities. Consultation on the Strategy, which recommends a policy of 'sustainable growth' for Chester, has just ended. It earmarks unspecified land southwest of the city for a second business park. The strategy says 6,500-7,500 new homes will be required in Chester by 2021, pointing to an annual shortfall of 400 affordable homes. As well as backing the construction of the Western Relief Road, it talks of boosting public transport. In a pre-emptive strike, the Campaign to Protect Rural England mailed thousands of residents, seeking support in its fight to preserve the Green Belt. Hundreds returned an enclosed postcard for the Government's attention. But politicians and planners say the first preference is to develop available brownfield sites. Cllr David Evans, leader of Chester City Council, said: 'The brownfield development we've been doing has been enormously successful. But there's certainly a debate to be had about where Chester goes in development terms, there's no fait accompli. 'There are those who seem to hanker after a 1950s Chester and a sleepy market town but life isn't like that. We want to see the city become a 'mustsee' European destination. 'If people want to come here it would be foolish of us to tell them they can't - providing we can find ways of accommodating them, and that doesn't necessarily have to be within the existing city limits. 'Ultimately we will get to a point when there are no more brownfield sites available and will have to make the decision 'is that enough'?' Although another business park could boost the financial services or knowledge-based sectors, tourism and retail projects such as the Northgate Development, proposed Amphitheatre visitor centre and idea of a Chester 'Super Zoo' are to take centre stage. And while new jobs will bring new people, not least to a city with unemployment at just 1.4%, Cllr Evans is confident the city will cope. He said predictions of a natural decrease in population due to a falling birth rate would help to counterbalance increases arising from job opportunities. 'It's a question of growing in a sustainable way,' said Cllr Evans. 'We do not want to kill the goose that lays the golden egg. 'I don't think the view 'let's pull down the drawbridge and not allow any nasty outsiders in' is one many people in Chester would subscribe to.' Cllr Evans is keen to get people not in work 'for a number of reasons' back into the job market. But he admits the current public transport system is 'not good' and he is backed by Chester MP Christine Russell in demanding improvements. Mrs Russell has doubts about the wisdom of the Western Relief Road, which is part of the county council's new Local Transport Plan but has not attracted Government funding for the next 10-year period. 'We already have part of that road in the Deva Link Road and that is already bumper to bumper,' she said. 'My view is that extensive studies would have to be done on how the relief road would affect the Sealand Basin area. There's every chance it would result in complete gridlock.' With Chester's average house price now £189,313, Mrs Russell described the shortage of affordable homes as a 'huge issue', which could damage the city's prosperity if not addressed. City council planning chief Andy Farrall said the requirement that 40% of homes within new developments be affordable could increase depending on how many homes it was given the go-ahead to build and land availability. Mr Farrall said the authority would think about dropping the 'moratorium' restricting new-build depending on confirmation of new-build targets following a public inquiry into the regional spacial strategy. He said a 1994 study, Chester: The Future of an Historic City, remained the main resource in guiding growth. Mr Farrall said Chester was developed to the edge of its Green Belt, but there remained at least a five-year supply of brownfield development land This study highlights that the brownfield sites clearly are not enough to sustain a growing population and a bustling economy. Own a piece of land on the outskirts of Chester now and look forward to your returns when the limitted, already filling brownfield sites are fully saturated. Wed, 03 May 2006 16:18:02 +0200 Land is a rare commodity. Price rises of 762% over the last 20 years confirm that it is becoming increasingly sought-after.Savills - Autumn 2005 I was interested to see that Greg Clark, Conservative MP for Tunbridge Wells, is introducing a bill to Parliament to confront the problem of "garden grabbing" in which developers acquire a large detached house, knock it down and then pack an estate of small new homes onto the plot (Telegraph 28 Jan 2006). Local authorities say that there is virtually nothing that they can do virtually nothing to stop these applications because gardens are surprisingly considered by planners to be "brownfield" land i.e. previously developed instead of green field land, as you might expect. view is that these bits are spoilt anyway, so it doesn't matter if we spoil them a bit more. Unfortunately this often means building on the few green spaces that most of us ever get to appreciate - city centre gardens, playing fields allotments and parks. Our phobia about building on edge of town land that is defined as "green field" is leading to the destruction of the urban environments in which most people live (as the planners are happy to build on green lawns West Yorkshire 121,350 Yorkshire Post 4 Feb 2006 -------------------------------------------------------------------------------- Proposals to build at least 10,000 new homes on greenbelt land between -------------------------------------------------------------------------------- More plans to build on Green Belt land could mean more than 25,000 new homes -------------------------------------------------------------------------------- Plans to build an 8,000 home town on greenfield land on the north-eastern -------------------------------------------------------------------------------- Plans for 3,000 - 4,000 new homes on the outskirts of a Suffolk town have Fri, 28 Apr 2006 13:41:10 +0200 Could Prescott's past may have knock on effect: "John Prescott's future as Deputy Prime Minister was hanging by a thread last night after Labour MPs said his affair with his Civil Service secretary had deeply embarrassed the party and devalued his role at the heart of government."
Shame on Prescott that once, '2 Jags' is now '2 Shags', I hope all works out well for him and his wife at this difficult time - seems to me like a decoy away from other disasterous events in British government, bizarelly all uncovered at the same time! Stability and continuity is however needed with policy and process espcially in regards to helping the UK Housing crisis for example. Keep your pants up John! Fri, 28 Apr 2006 13:23:43 +0200 LANDOWNERS could make more than £700 million from the West of Stevenage development.
According to local surveyors, the land could be sold for more than £1 million per acre. Stevenage Borough Council told The Comet the development of 3,600 homes and full community facilities will need 694.38 acres of land - meaning landowners stand to net a massive £700 million. Building west of Stevenage on the other side of the A1(M) could start as early as 2008. The news that Deputy Prime Minister John Prescott has backed the plans was met with mixed views from people and organisations across Comet country. A poll on the website www.thecomet.net revealed 61 per cent of readers agree with plans to build 3,600 new homes on Green Belt land between Stevenage and Hitchin. Just 37 per cent disagreed saying the Green Belt land needs to be protected. Two per cent were undecided." Fullarticle is available here. This is an intestesting true story - dare I say land in Cheshire at a prime location may be worth considerably more now - never mind when the planning gets put through in years to come! Mon, 24 Apr 2006 16:05:47 +0200 'The major fortunes in America have been made in land.'
John D. Rockefeller " Fri, 21 Apr 2006 13:46:29 +0200 Land tends to rise steadily in value year on year and with low downside volatility giving steady solid growth
Many hedge funds, unit or investment trusts, may be negative for years on money invested, or even never recover at all! When considering long-term investments, land with its good growth potential and low downside volatility, makes it the ideal investment to benefit from compound growth and also the distinct possibility of large gains upon planning pemission Albeit an alternative investment strategy for many people, UK land investments are becoming are becoming a force to be reckoned with Thu, 20 Apr 2006 19:16:13 +0200 We can see already that land has had fantastic growth year on year, and with the economy as consistent as it has been for a long time now -this looks set to continue. The average gain was 30%, in 2004 alone.
Lets take an example now of compound growth works : £50,000 invested with a compound grow of 30% annually would take just 12 years to be worth over £1,250,000! This steady compound growth soon adds up - as you can see! Of course, bear in mind that the above illustration is subject to the fact that investors may buy bigger or smaller plots, and there is no guarantee of 30% annual growth. To make big gains, the formula for investment success over the long term here is: A High return investment + low downside volatility + the power of compound interest = big capital growth potential Compound interest makes you money work harder, and as the amount increases, it soon adds up." Thu, 20 Apr 2006 19:08:48 +0200 Why UK Land is Providing incredible Returns with Low Risk ?
UK land provides above average solid growth because: 1. Population explosion - The population of the UK in 1981 was 56.2 million. In 2001, the population had increased by about 2.6 million to 58.8 million people. 2. Immigration - In terms of immigration, there is the granting of entry to the UK, of over 170,000 people per annum. This constitutes over 60% of the annual population growth. Therefore, at current rates of growth, we can expect to see at least an additional 3.4 million inhabitants within the next 20 years. 3. Social Trends - There is unfortunately a rising divorce rate in the UK. Furthermore, more people are staying single by choice, and getting married later in life. In the next 17 years, with the rising population and increased lack of affordable housing, the UK will need another 1.5 million homes" All these reasons make UK Land investments a serious means of complementing anyones financial portfolio attached file: type: application/pdf size: 90.81 KB here Fri, 28 Apr 2006 13:53:55 +0200 "WILY Mark Guard has sold a plot of land for £3.5million - after paying a measly £1,000 for it.
Mark, 41, scraped together the cash for the land 11 years ago when he was on the dole. Now he has made a 350,000 per cent profit after it was snapped up by a house-building firm. Mark, who grew up on a council estate in Carlisle, rented a flat in a house on the land after moving to Guildford, Surrey, to try his luck down south. When the owner of the plot decided to sell the freehold because he was fed-up with renovating the building Mark pounced. Despite not having a job and living on housing benefit, he managed to raise £1,000 for the land the building was on plus another half acre around it. Mark said last night: 'It's amazing. I just decided to go self-employed and set up a property development business. 'It's been so successful that I'm considering leaving the country for tax reasons.' Banner Homes has now bought the land around the house for a development of 14 homes worth more than £6million in total. Mark also made a few more shrewd investments. He bought the flat he rented in the house, paying £40,000. It is now worth £280,000. Eventually he also bought the four other flats in the block. They are now owned by judges and lawyers. And a garage on the land has been converted into a cottage worth £350,000. Mark has headed back north, buying himself a manor house in Brampton, Cumbria. He said: 'I'm from a council estate in the north of England and now my neighbours are multimillionaires and some of the cream of British society.' Mark's land was sold by Savills estate agents. Their head of residential development Jonathan Beach, said: 'The Surrey commuter belt has always sustained high property values. 'Back gardens of substantial properties like this one are now being red" Marks land was sold by Savills estate agents. Their head of residential development Jonathan Beach, said: "The Surrey commuter belt has always sustained high property values. "Back gardens of substantial properties like this one are now being redeveloped, adding huge value to property assets." Source: The Mirror newspaper 18/02/06 Wed, 19 Apr 2006 10:19:57 +0200 "Build a million green belt homes, urges think tank By Amy Iggulden
(Filed: 17/04/2006) Farm and green belt land should be used to create a million new homes and a hundred thousand hectares of fresh woodland, according to a report that today proposes a radical shake-up in land use. The study by the Adam Smith Institute claims that much of the English and Welsh countryside is no longer beautiful and should be put to better use. Many farms are no longer green and use more environmentally damaging chemicals than anywhere else in the world, the free-market think tank says." Full news report here Tue, 18 Apr 2006 20:46:36 +0200 Today in Cheshire Online, there was an extremely interesting article, regarding the expansion and development plans of Chester City Council. As you will know, Tarvin (Millfield Green) is in Chester City Council's envelope. We have inserted the link at the bottom of this page, but certain paragraphs from the article are selected herewith easy reading: Cllr David Evans, leader of Chester City Council, said: "The brownfield development we've been doing has been enormously successful. But there's certainly a debate to be had about where Chester goes in development terms, there's no fait accompli." "Ultimately we will get to a point when there are no more brownfield sites available and will have to make the decision 'is that enough'?". With Chester's average house price now £189,313, Mrs Russell described the shortage of affordable homes as a 'huge issue', which could damage the city's prosperity if not addressed. The originating link for you to be able to read in full All good stuff.... Tue, 18 Apr 2006 12:53:33 +0200 Farmland should be turned into woods and housing, says report
More agricultural and green belt land should be reforested or turned into housing, a new report suggests. A change in land use is proposed in the study Land Economy by the free market think-tank the Adam Smith Institute. It says much of the UK's agricultural land, including land currently labelled as green belt, is not especially green. The Office of the Deputy Prime Minister said planning was key to ensure homes, needed for a growing population, were built in a sustainable way. Study author Mischa Balen said modern farming techniques turned land into monocultural wastelands that did not provide proper habitats for animals. '950,000 houses' Mr Balen called for a change in policy where some farms and green belt would be turned into housing and woodlands" See BBC full news report Sun, 16 Apr 2006 21:20:42 +0200 A government U-turn provides you with a real opportunity!
After 30 years of housing neglect, Deputy Prime Minister John Prescott has announced plans to build millions of new homes Agricultural land in the UK has increased in value by 926% over the last 20 years - without planning permission With planning permission, the value of this land can rise by eight times overnight Between 1997 and 2004, 162 planning applications on green belt land went totally unchallenged by the government 2,400 acres of green belt are released each year to accommodate housing" attached file: type: application/pdf size: 1.98 MB here Sun, 16 Apr 2006 22:26:34 +0200 The Edinburgh-based, family-owned developers and builder firm, Miller Group run by Chief Executive, Keith Miller said; "Quoting recent industry figures, the number of UK households is going to increase over the next 20 years by 209,000 a year, and the industry is building 160,000 at the moment" He added: "There is a strong case for releasing more land, whether that's greenbelt or brownfield land, we need to get more houses built."
He said the group could be building more homes, but planning backlogs and red tape means Miller is having to carry a longer landbank. However, after years of racing house inflation, he feels the housing market has now slowed to a move sensible pace. 'In a way it's a better, more stable market, for everyone and people are happier buying into that.' After 60m euros invested in Europe last year, group plans 500m in 2006. MILLER Developments, Miller Group's property development and investment arm, spent 60 million (£41.4m) on investments in Europe last year, and is planning to spend £500m this year, on top of the £150m planned in the UK." See full article here All this makes investing in inexpensive unplanned land in key areas a superb investment now for such developments in years to come Sun, 16 Apr 2006 13:10:16 +0200 What is RSS?
"RSS" or Really Simple Syndication is a useful tool for keeping updated on your favorite websites. RSS makes use of an XML code that constantly scans the content of this blog/forum for updates and then broadcasts those updates to you, as a subscriber through a feed. When an update is sent out, it includes a headline and a small amount of text, either a summary or the lead-in to the larger story. In order to receive RSS feeds, there are several options: i) Receive it automaticaly into your outlook - this link allows you to get it in your PDA and mobile to -winner! ii) You must have an aggregator, a feed reader. There are a number of aggregators online, many of them free, so with a little bit of searching, you should be able to find an interface that appeals to you. iii) Have your own personalised Google homepage, MyYahoo page or MYMSN type page - my feed on Land Investments You can click on the buttons on the bottom right to add the latests on this market and land opportunities in Cheshire and it will instantly add that feed to your aggregator. Depending on your aggregator, you may instead need to copy and paste the URL of the feed into the program. By either method, the feed will be available as soon as you've added it, and your next update could arrive in seconds. If you ever decide that you don't want to receive updates anymore, you simply delete the feed or URL from your aggregator. Perhaps you already receive information on website updates through some sort of e-mail newsletter. RSS feeds are preferable to newsletter updates because they are instantaneous; you don't have to wait until a designated day of the week to receive your summary. I hope you enjoy the updates - which of course you are all part of! Sat, 15 Apr 2006 21:17:54 +0200 "'The major fortunes in America have been made in land.'
John D. Rockefeller " Sat, 15 Apr 2006 20:41:14 +0200 "There's something about mother earth that's awfully good, and mother earth is still real estate' Donald Trump"
Enjoy the video - you'll need broadband and 4 mins to spare! Sun, 16 Apr 2006 22:06:49 +0200 Well land has been typically reserved for the pipe smoking gentry, well lets see if we can open up some city boys minds here? If you can look at any stats site Land and property has proven itself again and again in being the smartest way to invest your money. It is no surprise to know that most of the wealthiest people are land owners or at least have a healthy land bank in their portfolio. attached file: type: application/pdf size: 1.98 MB here |
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