February 2012 Archives

The graph below (fuelled by good wholesome LRR data) tacks the amount of time, in days it took to gain planning permission in some selected boroughs in inner London. Of course it varies from borough to borough, but at the end of 2009 the trend was moving towards faster and faster resolutions. Did this trend continue to 2011? Did it affect the rate at which permissions were translated into construction starts, and if so why?

 

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Just some of the questions we're asking for this year's Red Book. This is what that same graph looks like for the outer London boroughs:

 

 

Outer app-perm.jpg

Danny Baker's flat demolished in SE16

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The very first home of radio DJ and comedy writer Danny Baker has been demolished to make way for a new 128-unit development in Debnams Road SE16, with Higgins Homes launching the first homes in Summer 2012. Before the flats were knocked down Danny had a chance to take a walk down memory lane.

 

what the scheme will look like

silwood.jpgimage courtesy of Higgins Homes

Battersea Power Station has been in the news a lot recently. When is it not in fairness? The latest round of arguments around the site soon to be sold through administrators by Knight Frank, centre around whether the time has now come to knock it down. 

Many see it as an eye sore and would love to see it come to the ground, however many see it as iconic and a building we should do our utmost to refurbish and bring it back to life for future generations. Possible developments have come and gone though, with no developer even getting near to putting a spade in the ground. In reality the cost of refurbishing the power station means that the rest of the site becomes unviable, developers borrow heavily in order to get it off the ground, which never happens, then they go bust. 

Recently, EC Harris stated that if the power station was demolished, then the site would be worth another £470m, making the northern line extension viable and kicking off the rest of the VNEB opportunity area with up to 16,000 residential units. In the middle of a recession and a huge housing crisis, the demolition has its merits as well as increased backing, not least by Sir Terry Farrell (albeit partially). His plan is to knock the brown brick structure down, but keep the listed chimneys and their supports and transform it in to a park. He's even going as far as submitting a listed building application, paying for it himself with the intention that it would be available for any future owner to implement.

This idea actually reminded me of a very similar project in Essen, Germany, which I visited a couple of years back. Now the Ruhr Museum, the Ruhr being the industrial heartlands of Western Germany, it was once known as the Zollverein Coal Mine. Ceasing operation in 1993, the state government then bought the site soon after, declaring part of it a memorial. Now a museum and event space, attracting over 1 million visitors a year, it's the city of Essen's most recognised and iconic landmark and helped bring about the most unlikely title of European Capital of Culture 2010 for the Ruhr. Back in 2001 it was also inscribed into the UNESCO list of world heritage sites, putting it in to the same bracket as Westminster Abbey and the Tower of London.

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                                                                                                      Image via UNESCO 

I'm not saying we should open Battersea Power Station up to the public as a museum, I don't think that would work. London and Essen are two very different cities, but it's definitely food for thought, especially as the power station has lain derelict for so long now. The parallels with Zollverein don't look too different to Sir Terry Farrell's plans either. The interesting bit for me though is how the local government in Germany was so pro-active over the future use of the site, once it had closed down. Town planning in Germany just seems to 'work'. The ironic thing is that it was the governments of the UK, the US and France which formed and set up the structure of the German government soon after the second world war, so as to not have a dictatorial regime from the top. Instead power is devolved down to the local level, in to something that Eric Pickles and Grant Shapps look upon with envy.

View the long and varied history of Battersea Power Station from EGi here, including the Alton Towers owners plans for a Disneyland style theme park, back in the early days.

Strange Sheds...

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...have been appearing on top of buildings and even balconies, but in the US they just had to go one step further and stick one on the side:

 

American shed.jpgThe architects describe the structure as

"an homage to the romantic spirit of the western myth and a commentary on the arrogance of westward expansion"

Try asking for one of those when you're next down at Homebase. 

Stardom Guaranteed...

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...if you could play this tune on the piano. It's not a particularly pretty tune and it hasn't got a memorable chorus, but trust me, you'd be doing sell out gigs for the rest of your life.

 

 
...was tricky in in this country, have a look at this video, all this just for an ice cream parlour.

 

Camden Council...

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...fifteen seconds to comply. Link

  

Man Digs Out Own Basement...

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...with radio controlled diggers. Link

 

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Western Town For Sale for $20K...

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...height restrictions apply. Link

 

Western Town.jpg

Unfriendly council to auction off housing

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A London council's plan to auction off 15 houses on the cheap appears to be temporarily halted as local people stage an occupation of the properties to try and stop the sale.

Lewisham Council wants to sell 15 three- and four-bed houses on Friendly Street at a knock down price of £130,000 each. Local people claim that this is too cheap and with improvements the houses could demand a price more in the region of £400,000 each. However, Lewisham Council say the homes are run down and too expensive to refurbish. According to one of the protesters, the council say that it would cost around £40,000 per house to improve.

Public sector cut-backs have meant that local authorities need to make savings wherever possible but surely if a council is going to/has to sell off housing stock, then their remit must be to get the best possible return for the taxpayer. This appears to be a no-brainer for Lewisham Council - If the figures quoted in the Evening Standard article are to be believed, then surely spending £600,000 on improvements to re-coup £5.4 million is a much better idea than re-coup just £1.95 million from selling the houses at £130,000 each, with no improvements.

The local people hope that the occupation will ruin the sale. The question is - how long are they prepared to maintain the sit-in?  

Whatever happens, the locals will argue that at the end of the day, it would be better still to keep hold of the houses and return them back into housing stock for the local people.

friendly street.jpgPhoto courtesy of Google Maps

The London residential market is closely monitored by EGi’s team of dedicated experts, from the planning and construction pipeline to sales and pricing, we cover the whole of the capital, all 33 boroughs.

Don’t miss an opportunity, find pre-planning, stalled and oven ready sites.

FIND OUT MORE

Residential Update – August 2012

We take a look at the inner boroughs at the mid-year point from the applications and permissions in the planning pipeline, the starts and completions in the construction pipeline and ending with a flavour of the sales and pricing situation.

REQUEST RESIDENTIAL UPDATE

Red Book Executive Summary – May 2012

An in-depth review of the current state of the London residential development market across all 33 London boroughs from planning and construction pipeline to sales and pricing.

REQUEST EXECUTIVE SUMMARY

About this Archive

This page is an archive of entries from February 2012 listed from newest to oldest.

January 2012 is the previous archive.

March 2012 is the next archive.

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