Sounds like a good idea but does it really need quite as much dosh thrown at it ?
I have heard of another site on the news somewhere where the council wanna compulsorily (?) purchase the land and one of the tenants has apparently moved onto his plot to stop this happening. The plotholders have been offered up to £40k each to give up their plots (interesting thought- how much would it take you to give up your plot - assuming there are no ther nearby sites

) - so far he is the only one protesting (his two brothers appear to be happy to take the money and run from their own respective plots though)