View allAll Photos Tagged PropertyDevelopers
Sir John Hall (born 21 March 1933) is a property developer in the North East England. He is also life president and former chairman of Newcastle United football club.
This is a postcard produced and published by H. Flack of 315, King’s Road, Chelsea, SW3. Mr. Flack’s shop was a newsagent where he sold other company’s postcards as well as his own, he was not very prolific. The postcard shows Dr. Phene’s House of Mystery, it was also called the Gingerbread House. It was on the corner of Oakley Street and Upper Cheyne Row. Dr. John Samuel Phene was an Architect, Property developer, collector of pagan statues, poet, Scholar and most of all, an eccentric in the fine old English tradition. He started to build the house in 1903, it was never completed, and he never lived there, he had a house in Oakley Street part of the street had been designed and built by Dr. Phene, also Phene Street and Margaretta Street and Terrace. In 1850 he had designed and built the “Phene Arms”, it is now just called “The Phene” in Phene Street. He stored his collection of statues in the garden of the house and the statues on the front of the house were painted, the delays in completing the house were put down to difficulties with the Chelsea Vestry. Dr. Phene was a founding member of the Huguenot Society which still exists today, it was said that in the early nineteenth century that a quarter of all English people were descended from a Huguenot ancestor. He named the house “Renaissance du Chateau de Savenay”, a recreation of his family’s home in France, although this was a bit far fetched even for him. Dr. Phene died in 1912 aged ninety and the house was demolished in 1924.
The modern structure of donwtown Singapore where glass towers stands. A mixture of commercial and residential use.
Villas for Sale in Kakkanad &Ready to occupy flats for sale in Kakanad
For more details: jainhousing.com/property/cochin-city/ready-to-occupy/jain...
Ready to occupy apartments for sale in Kathrikadavu & Budget flats for sale in Kathrikadavu
For more details: jainhousing.com/property/cochin-city/ready-to-occupy/jain...
Ready to occupy flats for sale in Kakanad & Apartments for Sale in Kakanad
For more flat details: jainhousing.com/property/cochin-city/ready-to-occupy/jain...
A a mid-summer shaft of sun lights up Tower Bridge and the Tower of London. In the foreground is the regeneration area known as More London with City Hall on the river front.
Welcome to Property in Crete - ALL our advertised real estate is FREEHOLD with clean titles and deeds guaranteed.
We are an established team, whose sole aim is to find you your ideal new property.
We have an in depth knowledge of the current market and we are able to offer a wide variety of affordable properties for sale in Crete, houses for sale in Crete and land for sale in Crete.
Property in Crete are pleased to present:
ECAP518R - A luxurious villa in the traditional village of Xirosterni, Apokoronas, Chania west Crete.
INVESTMENT OPPORTUNITY
A rare opportunity to purchase a stunning 4 bedroom villa with an official E.O.T license (Greek Tourism Board).
Thus allowing you the opportunity to freely advertise the property with travel agencies, thus allowing you rent out your property on both a long and short term (holiday rental) basis to maximise on your investment during the busy tourist season (March - October)
The villa is in the village of Xirosterni in the Apokournas region. The homes has a large swimming pool and has fantastic views of the Cretan Sea and is in a tranquil location.
Price: €475,000
For more details about this property and more. Simply click or copy and paste the following link into your web browser:
www.propertyincrete.co.uk/propety-for-sale-in-crete4-bedr...
Property in Crete – East to west we’ve got Crete covered.
Established for more than a decade, professional Real Estate Agents and renowned Builders of fine quality homes, on the beautiful Greek island of Crete in southern Greece.
Property in Crete are pleased to present:
ECA954N - A well appointed villa for sale on the west side of the picturesque Greek island of Crete. Greece's largest southern most island.
On the Akrotiri peninsula, west Chania, in the traditional village of Aroni. We have for sale this manour house style luxury villa.
The property is 200 sqm with the added advantage of a large 200 sqm basement, that could easily be converted in guest rooms.
The villa sits on a large 1,850 sqm landscaped plot offering truly amazing views of Souda Bay and the majestic White Mountains.
The home consists of; four bedrooms with fitted wardrobes, three bathrooms, fully fitted kitchen and living room.
The property also features; a feature fireplace, hot/cold air conditioning, heating, tiled floors throughout, aluminium doors and windows and a beautifully landscaped garden with panoramic sea and mountain views.
Price: €1,500,000
For more details about this property and more. Simply click or copy and paste the following link into your web browser.
www.propertyincrete.co.uk/luxury-house-for-sale-in-akroti...
Taylor Wimpey's Lindfield Meadows development in Haywards Heath was one of the early adopters of our new facias & facades offering. This bold exterior signage lets you know you're in the right place. Internally, we provided our usual stunning interior decoration - keeping everything on brand and on point. © Octink.
We provided this ambitious double height impressive hoarding for our clients Clivedale for their Brook Street development. © Octink.
Banners and signage supported by Octink
This photo shows work from Octink, London's leading display specialist. You can find out more information at www.octink.com/.
We continued our work with St Edward Homes by providing the Hartland Village marketing suite. A simple but effective modular build sales solution for their new development. © Octink.
Property in Crete offers an excellent selection of Crete Property throughout the island.
Our professional team of property consultants operates from two bases.
The main office, located in Chania Old Town, covers our range of West Crete property, whilst our Agios Nikolaos office provides details of our East Crete property.
Property in Crete are pleased to present:
WCKP695R - Paleochora is a beautiful Cretan traditional village by the sea Here we have for sale this luxury three bedroom house. The size of the property is 147 sqm on a plot of 400 sqm and with an additional building allowance of 90 sqm.
It consists of three bedrooms with fitted wardrobes, four bathrooms, kitchen, living room and a garden 120 sqm. There is fireplace, heating, air conditioning and verandas with pleasant sea views.
Area Description:
Paleochora is a small town in Chania prefecture. Paleochora is located 77 km south of Chania, at the southwest coastline of Crete.
The town is set along 11 km of coastline bordering the Libyan Sea. Paleochora has crystal clear waters, well organised beaches, and beautiful isolated small anchorages.
It is served by numerous hotels, restaurants, tavernas, cafés, bars, and nightclubs. Facilities in Paleochora include bank branches, a post office, a central telephone office, a health centre, doctor's offices, dentists, chemists, a police station, a coast guard and customs office, and many types of stores.
Ferry boats connecting Paleochora with Sougia, Agia Roumeli, Loutro, Chora Sfakion, and Gavdos dock in Paleochora.
Price: €350,000
For more details about this property and more. Simply click or copy and paste the following link into your web browser:
www.propertyincrete.co.uk/properties-for-sale-in-cretethr...
We continued our work with St Edward Homes by providing the Hartland Village marketing suite. A simple but effective modular build sales solution for their new development. © Octink.
Welcome to Property in Crete - ALL our advertised real estate is FREEHOLD with clean titles and deeds guaranteed.
We are an established team, whose sole aim is to find you your ideal new property.
We have an in depth knowledge of the current market and we are able to offer a wide variety of affordable properties for sale in Crete, houses for sale in Crete and land for sale in Crete.
An additional service recently added to our portfolio is a range of long-term rent in Crete, whether it is to oversee your dream home, become a reality or merely to spend time enjoying this beautiful island and all it has to offer.
Property in Crete offers an excellent selection of Crete Property throughout the island. Our professional team of property consultants operates from two bases.
The main office, located in Chania Old Town, covers our range of West Crete property, whilst our Agios Nikolaos office provides details of our East Crete property.
Property in Crete are pleased to present:
WCM604R - Villa for sale in Maleme, west Chania with fantastic sea views. The property size is 245 sqm on a plot of 1,220 sqm.
Investment opportunity:
The villa also benefits from two independent apartments of 110 sqm each. Making an ideal investment for friends and family.
The main house consists of four bedrooms, two bathrooms,a living room and a kitchen.
Price: €900,000
Area Description:
Maleme is a town 16 km to the west of Chania, in North Western Crete, Greece. It is located in Platanias municipality, in the prefecture of Xania.
Maleme has a few large hotels and several pleasant apartments close to the beach and some bars and a discotheque at the western end.
Its beach is made of fine pebbles and is popular though often less crowded and more relaxing than the touristic beaches of Gerani, Agia Marina and Platanias.
For more details about this property and more. Simply click or copy and paste the following link into your web browser:
www.propertyincrete.co.uk/properties-for-sale-in-cretelux...
We provided this ambitious double height impressive hoarding for our clients Clivedale for their Brook Street development. © Octink.
This photo shows work from Octink, London's leading display specialist. You can find out more information at www.octink.com/.
Mark Danby in his renovated apartment looking at the backyard of his parents' house - where only two years earlier as a 17 year old, he had no idea he would buy four units next door - or did he?
Since this image was uploaded - unfortunately Mark has passed away (Aug 15, 1985-March 16-2007) Aged 21 years. See his page www.flickr.com/photos/markdanby
This building was called Hotel Belgrave, at the address of 213 Loughborough Road in Leicester (see bottom of page to see how it looked in 1982).
On 31 May 2007 planning permission was granted for "CONVERSION OF HOTEL TO SEVEN 2 BED AND ONE 1 BED FLATS (CLASS C3); CONSTRUCTION OF FIFTEEN 2 BED AND ONE 1 BED FLATS AND ANCILLARY CAR PARKING".
The developer (a company called Simposh) couldn't have picked a worse time to start a large project. Within a year the market had crashed and the project was only half complete. Its been in this state for many years now, half complete with the units complete being rented out (not bought). The end of building is awaiting the rest of the development - the strips of wood that hold the roofing tiles sticking out into fresh air.
The original marketing website is still online: www.213living.co.uk
It promises: 213 Loughborough Road development features a prestigious selection of spacious one & two bedroom apartments built with real attention to detail and offering superb value.
The Leicester based developer Simposh and Holland Build is renowned for carefully considered, high spec builds. All homes at 213 Loughborough Road feature stylish kitchens with stainless steel oven, hob and extractor hood. Many apartments have an en-suite bathroom to the master bedroom. All bathrooms are fitted with white sanitary ware, chrome taps and are fully tiled.
Ultimately, '213' offers the ideal home in the perfect location.
Loughborough Road still retains a 'village atmosphere' whilst providing excellent shopping, recreational and educational facilities. For the more discerning shopper The Shires in Leicester or Fosse Park at Junction 21 of the M1 offer an excellent day out.
The builder was Holland Build, some details of their involvement are on their website:
holland-build.co.uk/portfolio_development.asp?project=16
On 18 April 2012 planning persmission was granted for "REMOVAL OF CONDITIONS 7 AND 8 (REQUIRING CONTRIBUTIONS TO EDUCATION AND PUBLIC OPEN SPACE FACILITIES ) ATTACHED TO PLANNING PERMISSION 20070390 FOR CONVERSION OF HOTEL TO SEVEN 2 BED AND ONE 1 BED FLATS (CLASS C3); CONSTRUCTION OF FIFTEEN 2 BED AND ONE 1 BED FLATS AND ANCILLARY CAR PARKING."
This basically gets the developer of making any contributions to Education or Public Open Spaces that developers must contribute under the planning consent regulations. Their application states the financial position of the development and is some what a sob story at times.
By the beauty of online open local government information you can view the original documents here: fdweb.leicester.gov.uk/planning/fdweb/DocList.aspx?pbfc=924
As you can see Leicester City Council had no real option but to let them off these conditions if the project was ever to be completed. I suspect no one is really out of pocket here, the developer is probably still running round in an expensive Mercedes.
This info was discovered while researching this location. The developer (Simposh) and the land owner had a disagreement...
Sharma & Kuruppu-v-Simposh Limited (23/11/11)-recovery of deposit under void
contract.
The Message: Oral contracts in relation to land are not worth the paper they are written
on!
The Case: The Court of Appeal has made clear that sometimes payments made under
void contracts for the purchase of land are not recoverable In 2007, the Claimants reached
an agreement with the Defendant property developer to buy for £1.1 million the whole of
a development of 8 flats that the Defendant was constructing in Loughborough Road,
Leicester. The Claimants paid an initial non-refundable deposit of £1,600 to secure an
exclusive period of 2 weeks to negotiate the purchase whilst the Defendant ceased
marketing the development elsewhere. Then, once terms were agreed, the Claimants paid
a further £53,400 to make the deposit up to 5% of the agreed price.
The Defendant then proceeded with completing the construction of the 8 flats but, due to
the fall in the financial market at the end of 2007, the Claimants decided they did not
want to proceed with the purchase.
The Claimants then sought the return of the sum of £53,400 on the basis this sum was
refundable as there was no enforceable contract between the parties for the sale and
purchase of the development as everything had been agreed orally. They relied on Section
2 of the Law of Property (Miscellaneous Provisions) Act 1989 which provides that land
contracts have to be in writing and thereby makes oral contracts void.
The Claimants succeeded at trial on the basis that payments made under void contracts
are generally recoverable but the Defendant appealed on the basis that it had performed
its obligations and should be entitled to keep the whole sum of £55,000 paid.
The Court of Appeal held that the essential question to be answered was whether the
Claimants were entitled on the facts of the case to restitution of monies paid under an
agreement that lacked validity and had no contractual effect?
The law of restitution is designed to stop the recipient of money paid under an ineffective
contract being unjustly enriched. If the expectations of the payer have not been fulfilled,
then the Court will order the return of the sum paid.
Ordinarily, a deposit paid under an oral agreement for land will be recoverable if the sale
does not proceed as the expected transaction, being the reason for the payment, will have
failed to materialise.
However, in this case, the Court held that the Claimants had actually received what they
had paid for. The Defendant had taken the development off the market and had proceeded
with the works on the basis that the Claimants would have the right to acquire the
completed development for the agreed sum. This was not a case where the Claimants had
been unjustly treated or taken advantage of. On the contrary, all the Claimants'
expectations had been met.
The Defendant claimed that it was unjust for the Defendant to retain sums where it had no
contractual right to do so, save for the sum of £1,600 paid to secure the 2 week lock-out
negotiating period. However, the Court noted that ownership of property could pass under illegal contracts where the property was delivered to the purchaser and saw no reason
why ownership of a deposit could not pass under unenforceable contracts. In this case, the
Court held that the payment of £53,400 had never been made on a conditional basis
whereby the Claimants could recover it if they decided not to proceed. In return for
having made the payment, the Claimants had acquired the right to buy the development
on completion for the agreed price.
Accordingly, the Court held that the law of restitution could not come to the aid of the
Claimants. There had been no failure by the Defendant which entitled the Claimants to
their money back.
Welcome to Property in Crete - ALL our advertised real estate is FREEHOLD with clean titles and deeds guaranteed.
We are an established team, whose sole aim is to find you your ideal new property.
We have an in depth knowledge of the current market and we are able to offer a wide variety of affordable properties for sale in Crete, houses for sale in Crete and land for sale in Crete.
Property in Crete are pleased to present:
ECAP565R - Two storey villa with private pool plus basement and storage, in the area of Apokoronas, with magnificent sea views.
The villa measures 120 s and is on a plot of 2000 sqm. The villa consists of; a raised entrance and dining area with living room lowered.
Working fireplace, superb views from large patio doors in the living room.
A large fully fitted Italian designed kitchen and 1 bedroom on the ground floor.
Stairs lead to a large open upper hallway with access to 2 large double bedrooms each with fitted wardrobes and 1 bathroom and 1 shower room.
Patio doors lead out onto the large terrace and then to pool and garden with stunning views.
The villa is 10-15 minutes walking distance of the square and taverna and 7 minutes from sandy beaches in Almyrida.
Price: €350,000
For more details about this property and more. Simply click or copy and paste the following link into your web browser:
www.propertyincrete.co.uk/property-in-cretethree-bedroom-...
Taylor Wimpey's Lindfield Meadows development in Haywards Heath was one of the early adopters of our new facias & facades offering. This bold exterior signage lets you know you're in the right place. Internally, we provided our usual stunning interior decoration - keeping everything on brand and on point. © Octink.
A tribute to Properties in Crete - Mr Ian & Mrs. Xanthe Fitzgerald.
When we decided to purchase a permanent home on Crete we felt it was important to contact many companies, after all this was going to be a once in a lifetime decision so it had to be the right one.
Having visited their resale website www.propertyincrete.co.uk we eventually chose to build with their construction company Cretan Developments.
First and foremost because they are a reputable building company that has been firmly established on Crete for mare than a decade.
And secondly they listened so carefully to what our requirements were, which previously we hadn’t always found to be the case.
Indeed Yannis Pogas, at our very first meeting promised that he would build us a house beyond our expectations. This is a promise that he fulfilled. What more can you ask for?
Property in Crete are pleased to present:
ECAP479N - Currently under construction on the west side of the picturesque island of Crete.
In the Apokoronas region offering views of the lush surrounding countryside, majestic White Mountains and of the Mediterranean Sea.
Property in Crete – in the village of Plaka west Crete we have for sale this luxury house, which is currently under construction.
The property is 150 sqm and sits on a large plot of 2,050 sqm.
Consisting of; an open plan living/dining room with feature fireplace and a fully kitchen.
The upper floor consists of wooden ceiling, three bedrooms each with it's own private balcony with veranda and two bathrooms.
The lower ground floor with study room room and veranda,leads out to an infinity pool of 28 sqm.
The gardens will be landscaped and include a BBQ, an outdoor oven and tiled terrace. There will be Central Heating installed, hot/cold air-conditioning and private parking space for two cars.
Price: €400,000
Area Description:
The highly sought Apokoronas region is in the north-west of Crete, in the Prefecture of Chania.
Due to it's slightly elevated location the region offers amazing Cretan Sea and White Mountain views.
For more details about this property and more. Simply click or copy and paste the following link into your web browser.
www.propertyincrete.co.uk/property-for-sale-in-creteluxur...
Welcome to Property in Crete - ALL our advertised real estate is FREEHOLD with clean titles and deeds guaranteed.
Property in Crete are pleased to present:
ECAP497R - In the area of Apokoronas, with fantastic views of the Cretan Sea, lush countryside and White Mountains.
Property in Crete has for sale this luxury villa constructed in solid crafted stone.
The 141 sqm home sits on a plot of 4000 sqm, and as internal living space of 120 sqm.
The ground floor consists of; an open plan fitted kitchen/dining room and two en-suite bedrooms with fitted wardrobes.
The first floor consists of a large living area and a further two en-suite bedrooms with fitted wardrobes.
The exterior of the property has been landscaped and has the added luxury of a large swimming pool of 40 sqm.
A stone wall surrounds the land and the property also benefits from a garage.
Price: €450,000
Area Description
Apokoronas is a region of north-west Crete, in Chania Prefecture, to the east of Chania itself.
The Apokoronas extends from the foothills of the White Mountains north to the coast, in a wide plain with rolling hills.
To the east, Cape Drapanon rises above the plain and extends out into the Sea of Crete. The area is very green and fertile, unusual for rocky Crete.
For more details about this property and more. Simply click or copy and paste the following link into your web browser.
www.propertyincrete.co.uk/property-crete4-bedroom-stone-v...
This building was called Hotel Belgrave, at the address of 213 Loughborough Road in Leicester (see bottom of page for how it looked in 1982).
On 31 May 2007 planning permission was granted for "CONVERSION OF HOTEL TO SEVEN 2 BED AND ONE 1 BED FLATS (CLASS C3); CONSTRUCTION OF FIFTEEN 2 BED AND ONE 1 BED FLATS AND ANCILLARY CAR PARKING".
The developer (a company called Simposh) couldn't have picked a worse time to start a large project. Within a year the market had crashed and the project was only half complete. Its been in this state for many years now, half complete with the units complete being rented out (not bought). The end of building is awaiting the rest of the development - the strips of wood that hold the roofing tiles sticking out into fresh air.
The original marketing website is still online: www.213living.co.uk
It promises: 213 Loughborough Road development features a prestigious selection of spacious one & two bedroom apartments built with real attention to detail and offering superb value.
The Leicester based developer Simposh and Holland Build is renowned for carefully considered, high spec builds. All homes at 213 Loughborough Road feature stylish kitchens with stainless steel oven, hob and extractor hood. Many apartments have an en-suite bathroom to the master bedroom. All bathrooms are fitted with white sanitary ware, chrome taps and are fully tiled.
Ultimately, '213' offers the ideal home in the perfect location.
Loughborough Road still retains a 'village atmosphere' whilst providing excellent shopping, recreational and educational facilities. For the more discerning shopper The Shires in Leicester or Fosse Park at Junction 21 of the M1 offer an excellent day out.
The builder was Holland Build, some details of their involvement are on their website:
holland-build.co.uk/portfolio_development.asp?project=16
On 18 April 2012 planning persmission was granted for "REMOVAL OF CONDITIONS 7 AND 8 (REQUIRING CONTRIBUTIONS TO EDUCATION AND PUBLIC OPEN SPACE FACILITIES ) ATTACHED TO PLANNING PERMISSION 20070390 FOR CONVERSION OF HOTEL TO SEVEN 2 BED AND ONE 1 BED FLATS (CLASS C3); CONSTRUCTION OF FIFTEEN 2 BED AND ONE 1 BED FLATS AND ANCILLARY CAR PARKING."
This basically gets the developer of making any contributions to Education or Public Open Spaces that developers must contribute under the planning consent regulations. Their application states the financial position of the development and is some what a sob story at times.
By the beauty of online open local government information you can view the original documents here: fdweb.leicester.gov.uk/planning/fdweb/DocList.aspx?pbfc=924
As you can see Leicester City Council had no real option but to let them off these conditions if the project was ever to be completed. I suspect no one is really out of pocket here, the developer is probably still running round in an expensive Mercedes.
This info was discovered while researching this location. The developer (Simposh) and the land owner had a disagreement...
Sharma & Kuruppu-v-Simposh Limited (23/11/11)-recovery of deposit under void
contract.
The Message: Oral contracts in relation to land are not worth the paper they are written
on!
The Case: The Court of Appeal has made clear that sometimes payments made under
void contracts for the purchase of land are not recoverable In 2007, the Claimants reached
an agreement with the Defendant property developer to buy for £1.1 million the whole of
a development of 8 flats that the Defendant was constructing in Loughborough Road,
Leicester. The Claimants paid an initial non-refundable deposit of £1,600 to secure an
exclusive period of 2 weeks to negotiate the purchase whilst the Defendant ceased
marketing the development elsewhere. Then, once terms were agreed, the Claimants paid
a further £53,400 to make the deposit up to 5% of the agreed price.
The Defendant then proceeded with completing the construction of the 8 flats but, due to
the fall in the financial market at the end of 2007, the Claimants decided they did not
want to proceed with the purchase.
The Claimants then sought the return of the sum of £53,400 on the basis this sum was
refundable as there was no enforceable contract between the parties for the sale and
purchase of the development as everything had been agreed orally. They relied on Section
2 of the Law of Property (Miscellaneous Provisions) Act 1989 which provides that land
contracts have to be in writing and thereby makes oral contracts void.
The Claimants succeeded at trial on the basis that payments made under void contracts
are generally recoverable but the Defendant appealed on the basis that it had performed
its obligations and should be entitled to keep the whole sum of £55,000 paid.
The Court of Appeal held that the essential question to be answered was whether the
Claimants were entitled on the facts of the case to restitution of monies paid under an
agreement that lacked validity and had no contractual effect?
The law of restitution is designed to stop the recipient of money paid under an ineffective
contract being unjustly enriched. If the expectations of the payer have not been fulfilled,
then the Court will order the return of the sum paid.
Ordinarily, a deposit paid under an oral agreement for land will be recoverable if the sale
does not proceed as the expected transaction, being the reason for the payment, will have
failed to materialise.
However, in this case, the Court held that the Claimants had actually received what they
had paid for. The Defendant had taken the development off the market and had proceeded
with the works on the basis that the Claimants would have the right to acquire the
completed development for the agreed sum. This was not a case where the Claimants had
been unjustly treated or taken advantage of. On the contrary, all the Claimants'
expectations had been met.
The Defendant claimed that it was unjust for the Defendant to retain sums where it had no
contractual right to do so, save for the sum of £1,600 paid to secure the 2 week lock-out
negotiating period. However, the Court noted that ownership of property could pass under illegal contracts where the property was delivered to the purchaser and saw no reason
why ownership of a deposit could not pass under unenforceable contracts. In this case, the
Court held that the payment of £53,400 had never been made on a conditional basis
whereby the Claimants could recover it if they decided not to proceed. In return for
having made the payment, the Claimants had acquired the right to buy the development
on completion for the agreed price.
Accordingly, the Court held that the law of restitution could not come to the aid of the
Claimants. There had been no failure by the Defendant which entitled the Claimants to
their money back.
Just in case you didn't understand the comment on the previous pic - the brick building in that one is now on the left and we're looking north across Southwark St. towards the Bankside 4 development - now re-branded and marketed as "Neo-Bankside", a luxury housing development (designed by Rogers Stirk Harbour) with apartments selling at £1m - £6.5m.
When Tate Modern (see its tower is peeping behind the street sign on the right) opened in the year 2000 the land on which this development stands was mainly run-down commercial and industrial buildings dating from the C19 and the building on the extreme right (the Blue Fin Building) was still a 1950s office block housing the Ministry of Transport. Over the succeeding 13 years, thanks primarily to the impact of Tate Modern and the Jubilee line extension which runs nearby, the area has been transformed - but not without cost.
When planning permission was first granted for this development in 2007 the developer agreed to provide over 8,000 sq.m of affordable housing "off-site" (ie. in other parts of Southwark) and 34 affordable "shared equity" units within the development itself. Construction began in Jan. 2009 months after the Lehman Bros collapse and the takeover of HBOS (the funding bank for the development) by Lloyds. However development and marketing of the site has continued throughout the subsequent recession and the development is now in its final stages. Block E (under construction on the left) is the final phase of the development.
However in late 2011 the developer returned to Southwark Council and the GLA with a proposal to vary the terms of the original planning permission. He requested that the requirement for 34 affordable housing units on site be dropped because it was unlikely that they could make them affordable by any sensible definition of the term. Southwark Council agreed to this, with the proviso that the developer offered funding for at least the equivelent number of units to be provided off site. The sum final agreed for this was £9m, which the local authority hopes will fund the provision of 44 housing units. But up to now the developer himself has only managed to find sites to build half the amount of off site affordable housing required in the original planning permission. In addition the developer sought and was granted permission to change the use of Block E from residential to office use.
It's not surprising that local community groups now wonder if it will ever be possible for local residents doing ordinary jobs (or having no jobs at all) to afford to live in these areas in future.
I encountered this advertisement when I visited Hong Kong. Central Equity is a major Australian property developer, which focuses on apartment developments in the Melbourne CBD, which are then sold to Asian investors.
Taylor Wimpey's Lindfield Meadows development in Haywards Heath was one of the early adopters of our new facias & facades offering. This bold exterior signage lets you know you're in the right place. Internally, we provided our usual stunning interior decoration - keeping everything on brand and on point. © Octink.