George Osborne announces plans for £200m Ebbsfleet housing development project ahead of Budget
PUBLISHED: 11:19 17 March 2014 | UPDATED: 11:54 17 March 2014
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A new garden city, costing £200m, is to be built in Ebbsfleet, George Osborne has said.
The Chancellor of the Exchequer announced the plans on the BBC’s Andrew Marr Show on Sunday, adding “Britain has got to get building”.
Initially, 15,000 homes will be built on the Thames Estuary.
Speaking on the show, Mr Osborne said: “We are going to build a garden city in Ebbsfleet on the Thames Estuary which means more homes, more aspiration for family and economic resistance and resilience because Britain has got to get to building.”
The Garden City movement is a method of urban planning developed in the 19th century.
The self-contained communities are surrounded by greenbelts for example, Welwyn garden city was the last to be built in 1920.
Mr Osborne added the project would initially include 15,000 homes.
“I have spoken to the local MPs and they are enthusiastic about it,” he said.
“The local people want to see the regeneration.”
It is believed Ebbsfleet has been chosen because a high-speed rail connection puts it within 19 minutes of central London.