13,000 new homes planned as Bicester is chosen as the next garden city site
Bicester in Oxfordshire has been chosen as the site for the coalition's second new garden city, with up to 13,000 new homes set to be built as part of government plans to ease the UK’s housing shortage.
"New houses support economic growth and are a crucial element of a fair society, so I've prioritised the investment of almost £2bn to ensure we can build on average 55,000 new homes a year until 2020," the chief secretary to the Treasury, Danny Alexander, said on Tuesday.
"We will vastly increase supply by providing funding certainty, unlocking capacity in housing associations and kick-starting stalled regeneration projects... the message to the housebuilding sector would be simple: if you don't build them, we will."
Mr Alexander claims that building projects of this nature could have a significant impact in creating the 250,000 homes needed each year to meet the current housing shortfall, rather than selling land to private sector housebuilders who did nothing with the land.
Earlier this year, the government announced that Ebbsfleet in Kent had been picked to become the first of three modern garden cities, with an initial 15,000 homes to be built.