Goal: Assemble a rolling land bank 2015 to 2025
"Assemble a rolling land bank"
Assemble a rolling land bank comprising:
- All sites for contracted HCA schemes (approved budget)
- Additional sites available for immediate development to provide 150 homes (budget £2.5m from within approved 10 year business plan provision for land purchase)
- Medium term land opportunities to deliver the 10 year business plan (including one ExtraCare village)
- Strategic land for future years (additional budget of £5 million over 10 years from April 2015 for purchase of options and land)
What we have done
1: Implement land banking process and procedures
This project will develop the process and procedures to implement a land banking programme to allow future development programmes to be more easily implemented.
2: Swan Lane – Evesham 2015-20
Acquisition of land adjacent to current Head Office with illustrative planning for 34 apartments in central Evesham.
What we are doing
3: Land bank assembly
This project which ensures the organisation has a sufficient supply of suitable development pipeline land available for short/medium/long term developments.
4: ExtraCare homes acquisition
This project will seek further potential sites in Worcester and Gloucester for a suitable site for a new ExtraCare village.
5: Strategic land assembly
The organisation will develop its long term, five-years plus strategic land position, to ensure suitable land supply to meet long term objectives. The key areas to be targeted are the seven core villages.
6: Almonry - Provision of Domiciliary Care 2017-19
Land banked for future plans to provide extra facilities and domiciliary care.