Laura Sharman 15 July 2020

Selling off government car parks could deliver 110,000 new homes, study finds

Selling off government car parks could deliver 110,000 new homes, study finds image

Public sector owned car parks have the potential to deliver more than 110,000 new homes while maintaining parking services, a new study has revealed.

In the first study of its kind, Knight Frank has mapped the exact location of all government owned car parks, which could yield up to 2.1 million homes.

It found that two-thirds of public sector-owned car parks do not have meaningful access to high street retail, while 91% are within a five-minute walk to another car park.

Even if just 15% were released for housing, this would deliver more than 110,000 new homes and raise £6bn in land receipts for the Treasury.

Ian McGuinness, head of geospatial at Knight Frank, said: ‘The study shines a light on the sheer scale of the opportunity to deliver much needed housing on government-owned land. What we have learned from this new research has evolved our own understanding of this market and the opportunity for government departments to work together to deliver housing.

’Through this work, MHCLG has created the first detailed picture of which central government departments own the country’s car parks.’

For your free daily news bulletin
Highways jobs

Senior Commissioning Officer - Community Catalyst

Essex County Council
Up to £35026 per annum
Senior Commissioning Officer - Community CatalystFixed Term, Full TimeUp to £35,026 per annumLocation
Recuriter: Essex County Council

Resource Centre Worker

North Yorkshire County Council
£20,493 - £24,982 per annum, pro rata
We work closely with families and other professionals to ensure that we have sound knowledge of the children we are caring for and are able to... Harrogate, North Yorkshire
Recuriter: North Yorkshire County Council

Relationship Manager

We are looking for an engaging and amiable professional with experience working for, or with, local authorities and an eye for detail. United Kingdom
Recuriter: iChoosr

Adults Service Manager - South

Essex County Council
£58727 - £66963 per annum
Adults Service Manager - SouthFixed Term, Full Time£58,727 - £66,963 per annumLocation
Recuriter: Essex County Council

Pension Officer

Essex County Council
Pension Officer Temporary, Full Time £10.42 - £12.26 per hour Location
Recuriter: Essex County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue