Evaluating the cost issues involved in the remediation of MOD estates in Gosport prior to disposal

Bonvia, Tom (2011) Evaluating the cost issues involved in the remediation of MOD estates in Gosport prior to disposal. BSc dissertation, University of Portsmouth.

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    Abstract

    What does the future hold for the regeneration of UK public sector assets? With impending constraints on local and central government budgets, is it necessary to release capital from underutilized public estates?

    The Ministry of Defence has a vast asset portfolio across the UK, with unique estates that require a unique disposal process. This research established a substantial scope of estates available for disposal and the reoccurring constraints for Defence Estates and developers in the remediation prior to estate disposals.

    The estates may represent an opportunity for a fresh injection of capital to HM Treasury; in contrast, they also represent a great deal too local communities, who find the value of underutilised estate locked. Defence Estates are particularly unsympathetic to the requirements of local communities, despite the processes of public consultation (enquiry by design) the opportunities available to communities are missed.

    The development capacity is effected by the unique characteristics and deep heritage aspects associated with military estates. This can be used to the advantage of developers, by adding value to a redevelopment from the unique built infrastructure. Although the heritage of estates does create challenges, they can be mitigated through particularly detailed planning which follows a redevelopment schedule.

    This report addresses the need for changes in the disposal process of Defence Estates, to assist in reaching targets set, and to overcome the pressure to increase capital receipts. Consideration will need to be given, as reductions in budgets and financial difficulties facing developers will present difficulties in selling surplus military estates.

    Item Type: Dissertation
    Departments/Research Groups: Faculty of Technology > School of Civil Engineering and Surveying
    Depositing User: Jane Polwin
    Date Deposited: 17 Nov 2011 14:59
    Last Modified: 28 Jan 2015 11:48
    URI: http://eprints.port.ac.uk/id/eprint/5365

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