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N?ew homes to be built as part of Portsmouth City Deal

The government has announced that contracts have been exchanged for the transfer of Horsea Island East and the Tipner Firing Range from the Ministry of Defence to Portsmouth City Council.This land transfer was included in the Southampton and Portsmouth City Deal, which was signed last year - and 2,370 new homes are set for construction as part of the scheme. In addition to this, some 58,000 square metres of employment space will be created for the expanding marine and advanced manufacturing sectors of the Solent economy, with 3,700 permanent jobs expected to be created. A total of five sites have been identified by the City Council for the Tipner-Horsea Regeneration as potential areas of development work, with Tipner Firing Range and Horsea Island East representing two of these. Minister for Portsmouth Matthew Hancock explained that the government has had a very important role in implementing the City Deal - and it has been accelerated as a result of the coalition's involvement. Minister for defence personnel, welfare and veterans Anna Soubry said the handover of this land from the Ministry of Defence (MoD) to Portsmouth City Council is a very positive move. She explained that this is because much-needed housing and infrastructure can be put in place now it is no longer tied to the MoD. Donna Jones, leader of Portsmouth Council, said: "The City Deal gives us the means to achieve our ambition of opening up these sites at the gateway to the city."She speculated on the possibility of further private investment coming to the region in the wake of the deal. "With the right transport infrastructure in place we can attract developers to the sites and create much-needed homes and jobs," she continued, adding: "Along with the new M275 junction for the park-and-ride, this is a great step forward in this project." 

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