;-(

Basil Jet wrote:
;-(

I guess it's worth much more as land for building. Airports near to be
reasonably near their customers to have value. It's why Borisport won't be
built.

In article
,
(Recliner) wrote:

Basil Jet wrote:
;-(

I guess it's worth much more as land for building. Airports near to be
reasonably near their customers to have value. It's why Borisport won't be
built.

Marshall's place at Cambridge is still going, despite that.

--
Colin Rosenstiel

In message , at 15:06:27
on Sat, 5 Jul 2014, remarked:
I guess it's worth much more as land for building. Airports near to be
reasonably near their customers to have value. It's why Borisport won't be
built.

Marshall's place at Cambridge is still going, despite that.

Cambridge airport *is* near its customers, who I would expect to be
predominantly from the City and its hinterland. They struggle to keep
passenger flights running though [four F50s on weekdays, two at
weekends, plus the one remaining Darwin flight a week, to Verona, on
Saturdays].

Darwin, Etihad Regional, Citijet - the churn goes on.
--
Roland Perry

"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.

tim

"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

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.

"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

"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

"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