PLANS worth £830m that will create 2,370 homes and 3,000 jobs were the subject of a neighbourhood forum.
The Stamshaw and Tipner Neighbourhood Forum held its quarterly meeting last night and heard a presentation from Portsmouth City Council’s strategic project manager Seamus Meyer.
Mr Meyer spoke about the council’s city deal, part of its strategy.
Mr Meyer said: ‘It is a long-term plan. We recognise that it will take around 16 years to complete all this, taking us up to 2030.’
The deal will see five sites – Tipner East, Tipner West, Tipner Firing Range, Horsea Island and Port Solent – undergo massive transformations.
Mr Meyer said work on this land had traditionally been difficult because of mixed land ownership, high flood risk and because the land had been contaminated through many years of heavy industrial use.
Residents at the meeting raised concerns about cost to the taxpayer.
Mr Meyer said to complete the entire project would be £830m, of which the council expects to make £780m from selling houses and business space.
He added that a grant of £48.75m has already been awarded to Portsmouth City Council from the government to make up most of the shortfall.
The forum also heard about plans to build a bridge from Tipner to Port Solent that would connect to Southampton Road and provide a link for buses, cyclists and pedestrians.
The programme of work starts this year with the building of 80 homes in Tipner East, followed by Tipner West and Horsea Island. The MoD is expected to vacate the firing range in the summer of 2016.
In total the plans will create 3,000 jobs and 2,370 homes across the five sites by 2030. A 52-hectare country park – equivalent to 72 football pitches – will also be created on a former landfill site, and is due to open in late 2016.
John Cass, chairman of the neighbourhood forum, encouraged people to come along to their meetings to find out more information before work starts and it is too late to object.
The next meeting will be held on August 20 at the Tipner and Stamshaw Community Centre, Wilson Road. For more information call (023) 9269 3221.