§ Mr. Tony Banksasked the Secretary of State for the Environment if he will list the sites referred to in paragraph 5.2.1 of the London Docklands Development Corporation 5-year operational plan published in January, that the corporation has identified for possible acquisition, and identify the sites that are regarded by the corporation as high prioritysites.
§ Sir George Young[pursuant to his answer, 4 April 1985, c. 761]: No. Potential acquisitions must always be discussed with the owners before a public statement can be made.
§ Mr. Tony Banksasked the Secretary of State for the Environment what is (a) the cost of acquisition, (b) infrastructure and reclamation costs and (c) the disposal price of each site listed separately, so far disposed of by the London Docklands Development Corporation.
§ Sir George Young[pursuant to his answer, 4 April 1985, c. 761]: I refer the hon. Gentleman to theanswer I gave him on 20 February 1985 at column 488, which gives aggregate totals to 31 March 1984, the latest date for which figures are available.
Infrastructure and reclamation costs in docklands vary greatly depending on ground conditions but generally range between £100,000 and £300,000 per acre. Sales prices for housing land are subject to similar variations and prices ranging from £30,000 to about £650,000 per acre have been offered by the market since the Corporation was established. The selling price of other land has ranged from about £100,000 to £500,000 per acre depending on size, location and building conditions imposed.
The site by site breakdown that the hon. Gentleman requests would breach commercial confidentiality and could prejudiceexisting and future negotiations by the LDDC for both the purchase and disposal of land.