HCA beats targets to get Britain building

Aaron Morby 11 years ago

The Homes and Communities Agency has smashed its main delivery targets and signed off 182 housing schemes under the Get Britain Building programme. 

Provisional agency year-end figures show that despite continued challenging market conditions the HCA has met or exceeded its key output targets over the last year.

During the year it leveraged nearly £1bn of private sector investment, and anticipates reporting a strong performance on housing starts and completions when official figures are reported in June.

The agency’s land disposal programme was also ahead of target.

HCA 2012/13 delivery

  • Contracted 182 schemes under the Get Britain Building programme, of which 170 have started on site to provide more than 11,000 homes.
  • Disposed of land for 4,704 homes, against a target of 3,370.
  • Created 322,000 sq m of office, commercial and employment floorspace, against a target of 185,658 sq m.
  • Created 12,000 jobs in the construction and supporting industries.
  • Leveraged nearly £1bn of private sector investment.
  • Brought more than 113 ha of previously developed land back into use for housing or commercial development, against a target of 94 ha.

Richard Hill, CEO, said: “Against a tough economic background and with a great deal of challenge and change in the housing sector, the HCA and our partners have again achieved a strong performance and helped get Britain building.

“We are responding to the government’s ambition to release surplus public land into the market to accelerate the development of new homes, and we’ll build on this early success next year through our own programmes and support other government departments with their efforts.

“This all puts us in a strong position for the forthcoming year, and with challenging targets, new programmes and £4.5bn of further investment announced in the Budget, we will continue to need the support of the wider sector in creating successful places with homes and jobs.”

Among the sites recently unlocked with investment from the Get Britain Building programme include Ancoats gateway scheme in Manchester, the Wapping Wharf development in Bristol city centre, and Brockholes in Kirklees.

Latest news

Former Crossrail boss Mark Wild to lead HS2

Wild to bear down on spiralling costs and bring rejigged scheme in on time
9 hours ago

Receivers in at £125m Manchester tower developer

Domis Construction walked away from scheme following doubts over funding
1 day ago

McAlpine pulls out of £55m Carlisle Citadels project

University of Cumbria starts hunt for replacement contractor
5 days ago

Strabag UK suffers further big trading loss

Austrian contractor is gearing up for major presence in the UK market
4 days ago

Durham Uni picks UPP for £130m student scheme

Firm will deliver 1,000 self-catered bed spaces
4 days ago

Architects now upbeat after 10-months of work gloom

Larger practices see rising workloads in next three months
4 days ago

Motorist dies after collision with road paver

Police Scotland investigating fatal crash
4 days ago

McLaren Living appoints HG Construction for £69m scheme

Build to Rent scheme will transform former vacant car park site in Leeds city centre
5 days ago

Squibb liquidator probes £2m of “missing” plant

Machinery, cars and scrap metal have disappeared at demolition specialist
5 days ago

Galliford Try to re-enter affordable homes market

Contractor sets out new five-year plan to build margin to 4%
5 days ago

Former Sellar chief to lead civils contractor Kilnbridge

Owen Dannatt joins as new CEO as founder Dermot McDermott becomes Chairman
5 days ago

Hunt starts for nuclear fusion plant construction partner

Fusion energy plant to be built at West Burton coal power station site.
5 days ago

National Grid raises £7bn for big infrastructure upgrade

Rights issue to fund a major round of capital investment in energy infrastructure
5 days ago

Grenfell police probe to last at least until end of 2025

19 companies and 58 individuals could eventually face charges
5 days ago

Mace confirmed on £100m London office retrofit

Work underway on Helical's 100 New Bridge Street job near Ludgate Circus
6 days ago

Wylfa chosen for next big nuclear power station build

Government names Anglesey site for a large-scale gigawatt nuclear power plant.
6 days ago

Bowmer & Kirkland trading profit halves

Contractor buys HVAC specialist Adcock despite challenging market
6 days ago

Piling specialist Van Elle plans further job cuts

Piling specialist plans further cost savings in face of lower demand
6 days ago

Civils contractor A Catlow files administration notice

High voltage cable specialist lodges court notice
6 days ago

Green light for ARC Oxford lab campus

Work to start later this year on £40m Ascent building job
6 days ago

Stonehenge tunnel hit by another legal delay

Court upholds latest appeal against £1.7bn scheme by campaigners
7 days ago

Plans go in for huge Olympic Park construction hub

Bow Goods Yard could deliver 3.5m tonnes of materials a year to sites across London
7 days ago

40% affordable homes target for Labour’s new towns

Labour pledges to select new town sites by end of first year
7 days ago

Plan for £100m Liverpool Baltic station

Construction work could begin next year
7 days ago

Surgo Construction went down owing £4.5m

Biggest creditor is Bellway Homes after dispute on housing job
7 days ago

Vistry seals £157m West London housing deal

Around 575 homes to be built at Merrick Place scheme in Ealing
7 days ago

Streamlined Watkin Jones returns to profit in first half

Multi-room specialist sees secured work pipeline hit £1.4bn
7 days ago

Bellway hires ex-brickie as group construction chief

James Griffin to oversee move to the Future Homes Standard and timber frame.
7 days ago

Persimmon under fire for delays to £10m relief road

West Suffolk Council serves Breach of Condition Notices after timetable slips again
7 days ago

BAM wins £33m Kent secondary school job

Replacement Swanley academy to be built at live school site
7 days ago

Contractor services