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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.
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