In the 2021 autumn budget, the government announced that £2bn will be used to unlock 1,500 hectares of brownfield land across England to clear derelict land and make way for 160,000 new homes. This includes £300m to unlock smaller brownfield sites, which will provide more opportunities for SME developers.
The National Federation of Builders (NFB) described it as a “sticking plaster solution” and said that more consideration needed to be given to the embodied carbon of some derelict sites. The NFB also noted that more land would be needed to create employment space and amenities for the homes the government hopes would be created, although the government has pledged to invest £9m towards 100 urban pocket parks across the UK.
Read more on the 2021 autumn budget at bit.ly/AutumnBudget2021Construction
Image credit | Alamy