Research by construction information business Glenigan ahead of the public spending review on Wednesday shows the Government is falling short on its pledge to boost the economy through investment in public sector infrastructure
The projects, which include hospital developments, care homes, housing and schools, are either stalled or awaiting Government agreements to sell land.
The findings illustrate how the struggling building sector in the industry could be given an immediate shot in the arm from clear commitment to push funding through.
Major shelved/stalled public building schemes
- Development of former Whittingham Hospital Grounds in Preston worth £200m for construction of over 600 residential units, 100,000 sq ft of offices and community sports facilities.
- Plans worth £116m for the redevelopment of Southend University Hospital.
- A £65m development of a care village in Ringwood, Hampshire of 128 residential units along with a community centre, bowling green, sports pavilion and tennis court.
- Plans worth £60m to build a new Justice Centre in Sunderland
- £50m in Buckinghamshire NHS Trust new-build and development projects in High Wycombe are also on hold.
Glenigan Economics Director Allan Wilen said: “Our research has identified a host of planned schemes on the Government’s drawing board that will strengthening the UK’s social and economic infrastructure.
“Political commitment and funding could quickly see many of these schemes on site. As a first step the Government could address the 119 projects in the pipeline, worth £1.1bn, that are currently on hold.
“Each stalled project represents jobs that haven’t been created and social shortcomings for communities, while the wider economic stimulus of the investments is lost.”
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