The council has today (Tuesday 23 September) been informed that the Manston Airport site has been bought by regeneration specialists, Trevor Cartner and Chris Musgrave - part of the Discovery Park consortium responsible for developing the Pfizer site in Sandwich.
As part of the news, the council also understands that a new proposal for the site will be suggested – a mixed use scheme which the partnership envisages will create more than 4,000 jobs but would not retain the airport.
The council is already part-way through a process to review whether compulsory purchase of the site is a viable option following a petition presented to the council on 10 July.
The outcome of a soft-market testing exercise to identify suitable indemnity partners to cover all of the associated costs of a CPO will be taken to Cabinet on Thursday 16 October.
The council will then undertake a wider review of the options for the site and as part of this would seek further details from the new site owners to understand more about their proposal.
A report outlining all of the options for the future of the privately-owned site will then be brought to a Full Council meeting for all 56 Councillors to consider.
The council has been clear that a CPO will not go ahead unless there is evidence of the economic viability of the site operating as an airport and a suitable investor identified to cover all of the costs required.