The Art of Building a Garden City

Part 1 of this book demonstrated the importance and practicality of

creating very high-quality, inclusive places that can meet our national

housing needs. Delivering on this ambition means having a sound

financial model able to deal with the basic up-front costs of land and

infrastructure, as well as placing funds in the hands of a suitable body to

manage it for the long-term development and renewal of the community.

It also means having a delivery body that can provide leadership and

certainty in the development process, de-risking development for the

community and investors. Financial feasibility, including the cost

of borrowing, is directly ...