UP to 200 new jobs could be created with the sell-off of government-owned land on a prime site.
The 11-acre plot off Harts Farm Way, in Havant, lies to the south of the A27 and was previously owned by the quango South East England Development Agency (Seeda) which was dissolved in 2011.
There are four parcels of land which are being sold with permission in place to build warehouses and light manufacturing plants.
Councillor David Guest, deputy leader of Havant Borough Council, says it will be a huge boost to the area.
‘It’s been a long time coming,’ said Cllr Guest.
‘After the demise of Seeda the ownership of the land transferred to the Homes and Communities Agency (HCA) and it’s taken an awfully long time to get it marketed and sold.
‘It was always meant as employment land and we’re hoping it will be developed as soon as possible into a business such as light manufacturing or something like that.
‘We’ve no definitive number but we’re hoping it will create in the region of 100 to 200 new jobs.’
One of the conditions of granting planning permission to the HCA was that it improve the Rusty Cutter roundabout with traffic lights.
That work has been done but there is still congestion on Harts Farm Way and the surrounding roads during the rush hour with workers coming off of and on to the A27 and A3M.
Cllr Guest has confirmed that Hampshire County Council is undertaking work on the road to find out what improvements are needed to ease congestion.
Ben Lowndes, a spokesman for the HCA said it is down to the agency to make the best deals for the local community.
He said: ‘We work very closely with local partners to ensure that the sites are used in the best way to benefit the local authority by bringing new investment and jobs.
‘The situation at the moment is that we have exchanged contracts on one of the sites and are due to complete. Because of that I can’t release the business’s identify
‘Two of the other sites have had offers and we now need to go to our board to discuss them.’
Each of the sites comes with B1, B2 and B8 planning permission for light industrial use.
For more information go to joneslanglasalle.co.uk.