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Manston Airport shut permanently on 15th May
"tim....." wrote:
"Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: "Ann Gloag's decision to close an airport that she bought for £1 last year and then seek to build up to 1,000 homes on the site has created an unholy brouhaha that has sucked in everyone from the prime minister down. The joint founder of the Stagecoach bus company, who is said to be worth £500m, bought Manston airport in Kent last autumn for the nominal amount and pledged to deliver "real potential for growth". She promised the local Tory MP, Sir Roger Gale, that she would commit to the airport for two years." From http://www.theguardian.com/business/...k-kent-airport |
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Manston Airport shut permanently on 15th May
On 06/07/2014 14:48, Recliner wrote:
"tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: "Ann Gloag's decision to close an airport that she bought for £1 last year and then seek to build up to 1,000 homes on the site has created an unholy brouhaha that has sucked in everyone from the prime minister down. The joint founder of the Stagecoach bus company, who is said to be worth £500m, bought Manston airport in Kent last autumn for the nominal amount and pledged to deliver "real potential for growth". She promised the local Tory MP, Sir Roger Gale, that she would commit to the airport for two years." From http://www.theguardian.com/business/...k-kent-airport 1,000 homes would fit into a small corner of Manston, possible without even affecting its capacity for aircraft landings and take-offs. The whole site is effectively about the same size as Herne Bay and Whitstable combined. |
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Manston Airport shut permanently on 15th May
"JNugent" wrote in message ... On 06/07/2014 14:48, Recliner wrote: "tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: "Ann Gloag's decision to close an airport that she bought for £1 last year and then seek to build up to 1,000 homes on the site has created an unholy brouhaha that has sucked in everyone from the prime minister down. The joint founder of the Stagecoach bus company, who is said to be worth £500m, bought Manston airport in Kent last autumn for the nominal amount and pledged to deliver "real potential for growth". She promised the local Tory MP, Sir Roger Gale, that she would commit to the airport for two years." From http://www.theguardian.com/business/...k-kent-airport 1,000 homes would fit into a small corner of Manston, possible without even affecting its capacity for aircraft landings and take-offs. The whole site is effectively about the same size as Herne Bay and Whitstable combined. without any of the desirability factor :-) tim |
#4
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Manston Airport shut permanently on 15th May
"Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: It only cost her a pound, so that wouldn't be difficult. What I don't understand is if this land is so valuable an amenity that the council didn't buy it when one pound was enough, just like the Scottish Government bought Prestwick (they we both for sale at the same time from the same seller). "Ann Gloag's decision to close an airport that she bought for £1 last year and then seek to build up to 1,000 homes on the site has created an unholy brouhaha that has sucked in everyone from the prime minister down. The 1000 houses is on a piece of land adjacent to the airport that, they say, is no longer necessary for operational uses. The brouhaha is likely to be over the claim that it is "sustainable", when by any sensible meaning of the term (in the planning sense) it patently is not: It is disconnected from the current urban sprawl. It is served by a bus service of only 10 buses a day. It is only approachable down narrow roads that are almost certainly unsuitable for the extra traffic likely to be generated. It is too far from the railway station for that to be directly useful for commuting access. The plans provide for the building of a junior school on site , but for every other aspect of life: secondary education, work, shopping, medical services etc residents will have to travel into one of the local centres. As they are too far away to walk, and the bus service inadequate for most purposes that means getting into a car and driving along these unsuitable roads. Any sensible planning authority would say to the developer - "don't be silly"! The joint founder of the Stagecoach bus company, who is said to be worth £500m, bought Manston airport in Kent last autumn for the nominal amount and pledged to deliver "real potential for growth". She promised the local Tory MP, Sir Roger Gale, that she would commit to the airport for two years." a promise that she broke (not that it was ever worth anything) tim |
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Manston Airport shut permanently on 15th May
"tim....." wrote:
"Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: It only cost her a pound, so that wouldn't be difficult. It's worth reading the full original story. Not just the short extract I quoted. Here's another extract that talks about a £23m she may also have taken on as part of the deal: "Many have questioned Gloag's sudden change of heart and the arcane way Manston has apparently been loaded with debt. Accounts reveal that, last October, Infratil Kent Facilities, the then owner of the airport, issued £23m of shares to its parent company, Infratil Airports Europe, which weeks later sold the struggling Prestwick airport near Ayr to the Scottish government for £1. The accounts reveal the share issue was funded by an "intra-group loan". On 29 November 2013, Gloag's company, Manston Skyport Ltd, bought Infratil Kent's entire share capital for the nominal £1, a move that appears to have made it liable for the £23m loan. The reason for the deal remains opaque. Gloag declined to talk to the Observer. Apart from Gloag, the only other director of Manston Skyport is Pauline Bradley, the former head of joint ventures at Bank of Scotland, who led the bank's move into property development in south-east England. Critics have now accused Gloag of never being serious about keeping the airport open. "She just wanted to strip the value of the land and the properties on it," said Ian McCoulough, the Unite regional officer who represents the firefighters based at the airport. Gale has described the move as "the unacceptable face of capitalism"." What I don't understand is if this land is so valuable an amenity that the council didn't buy it when one pound was enough, just like the Scottish Government bought Prestwick (they we both for sale at the same time from the same seller). "Ann Gloag's decision to close an airport that she bought for £1 last year and then seek to build up to 1,000 homes on the site has created an unholy brouhaha that has sucked in everyone from the prime minister down. The 1000 houses is on a piece of land adjacent to the airport that, they say, is no longer necessary for operational uses. The brouhaha is likely to be over the claim that it is "sustainable", when by any sensible meaning of the term (in the planning sense) it patently is not: It is disconnected from the current urban sprawl. It is served by a bus service of only 10 buses a day. It is only approachable down narrow roads that are almost certainly unsuitable for the extra traffic likely to be generated. It is too far from the railway station for that to be directly useful for commuting access. The plans provide for the building of a junior school on site , but for every other aspect of life: secondary education, work, shopping, medical services etc residents will have to travel into one of the local centres. As they are too far away to walk, and the bus service inadequate for most purposes that means getting into a car and driving along these unsuitable roads. Any sensible planning authority would say to the developer - "don't be silly"! The joint founder of the Stagecoach bus company, who is said to be worth £500m, bought Manston airport in Kent last autumn for the nominal amount and pledged to deliver "real potential for growth". She promised the local Tory MP, Sir Roger Gale, that she would commit to the airport for two years." a promise that she broke (not that it was ever worth anything) tim |
#6
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Manston Airport shut permanently on 15th May
"Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: It only cost her a pound, so that wouldn't be difficult. It's worth reading the full original story. Not just the short extract I quoted. Here's another extract that talks about a £23m she may also have taken on as part of the deal: do you mean she received 23 million. or became liable for 23 million. You seem to be saying the former. But if so where did it magically come from? |
#7
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Manston Airport shut permanently on 15th May
"tim....." wrote:
"Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... "tim....." wrote: "Recliner" wrote in message ... Basil Jet wrote: ;-( I guess it's worth much more as land for building. Only if someone else pays for all the infrastructure improvements to get people to where there are jobs. Thanet is a sea of low priced housing and next to zero jobs (and high deprivation). You aren't going to find many buyers for "estate" houses at much above "build" costs unless they can find work in the area or have good access to London. neither of which are the case here. People who think that they can build 10,000 houses in this location and sell them for 150-200K each to unwaged/unemployed/retired, are living in cloud cuckoo land. Ann Gloag (of Stagecoach fame) must think she can make a profit on the deal: It only cost her a pound, so that wouldn't be difficult. It's worth reading the full original story. Not just the short extract I quoted. Here's another extract that talks about a £23m she may also have taken on as part of the deal: do you mean she received 23 million. or became liable for 23 million. You seem to be saying the former. But if so where did it magically come from? She appears to have picked up the responsibility for a £23m debt, as the company was loaded with this debt before the sale. So the £1 she paid wasn't the actual cost. Read the linked story for more details. |
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Manston Airport shut permanently on 15th May
On Sun, Jul 06, 2014 at 04:15:59PM +0100, tim..... wrote:
It is served by a bus service of only 10 buses a day. So change the bus service. Perhaps if it is made worthwhile to run more buses - by, for example, providing loads of customers who live there - you'll get a better service. -- David Cantrell | Enforcer, South London Linguistic Massive All praise the Sun God For He is a Fun God Ra Ra Ra! |
#9
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Manston Airport shut permanently on 15th May
"David Cantrell" wrote in message k... On Sun, Jul 06, 2014 at 04:15:59PM +0100, tim..... wrote: It is served by a bus service of only 10 buses a day. So change the bus service. Perhaps if it is made worthwhile to run more buses - by, for example, providing loads of customers who live there - you'll get a better service. Oh agreed but there's no guarantee that they bus company *will* run it commercially, and a developer can't just assume that tim |
#10
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Manston Airport shut permanently on 15th May
Well it got sold again yesterday:
http://www.thanetgazette.co.uk/BREAK...ail/story.html (one report amongst many) To a consortium who are going to build (subject to PP, of course) it into a mega business park and housing estate. So good luck with that :-) I can't understand what all the guff (in the press release) is about there not being sufficient supply of land for warehousing in the area, there's already a large plot of land zoned for such on the NW side of the airport, which currently only has two occupiers and where there's a choice of whole fields available to build warehousing on, if you want to buy. And if you want office space you only have to walk into the town centre for a free choice of many. As to housing, my current journey again takes me across the cabbage fields [1] next to Westward Cross where just before the crash PP was given to build an estate of about 1000 houses. The first tranche of 50 houses has just been completed and they are clearing the ground for the next 50. At this rate it will take 20 years to complete - and this is a much more convenient place to live being, as it is, 2 minutes walk from the largest retail/leisure park for 30 miles and on the route of about a dozen (mostly frequent) bus routes. The downside being it's in the sink LA of Thanet. Why would you chose to live on an estate at Manston Airport, with no local facilities instead [2], it's not like you're going to get a stunning view and it's still in Thanet! tim [1] On the roads. obviously [2] not in the short tem anyhow |
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