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The RNOH land sales proposal  Used to produce a way to fund full hospital development to counteract the RF proposal  Involves disposal of two thirds.

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Presentation on theme: "The RNOH land sales proposal  Used to produce a way to fund full hospital development to counteract the RF proposal  Involves disposal of two thirds."— Presentation transcript:

1 The RNOH land sales proposal  Used to produce a way to fund full hospital development to counteract the RF proposal  Involves disposal of two thirds of RNOH site  Planners granted concessions on building heights and affordable percentages to help secure RNOH future

2 The RNOH Masterplan: West end Land sales 11,344 ha sale 2010/11 East end Land sales 10,7247 ha sale 2014/15

3 Key issues oDisposal of two parcels of land separately east & west end oGaining best value for money (one off opportunity) oTiming and market forces oOutline Planning permission oThe need for other strategies to raise income if a shortfall results

4 St Georges Mental Health NHS Trust Springfield Garden Village  A plan for the regeneration of the 168-year-old Springfield University Hospital site in Tooting. It is a vision to transform a crumbling, 80-acre site into a vibrant mixed use development that places health and well being at the heart of a thriving new community.

5 St Georges Mental Health NHS Trust Springfield Garden Village The plan is to create a mixed use development at that is inspired by the garden village concept and will:  Preserve the site's heritage and open space.  Provide high quality accommodation and opportunities for people.  Place good health at the heart of the community.

6 The Laurie Marsh model: An alternative financing option for the redevelopment of the Stanmore site Our interpretation:  Trust does not get funds from land sales  housing development would be undertaken in phases  Residential properties would be leasehold  hospital redevelopment would be either phased as dependent on cash flow or would not occur until all the residential units had been completed and sold possible shortfall in funds  DH support  Funding support from NHS London not forth coming


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