...referred to the number of degrees you could view from this building (Panoramic had already gone) if it had been built. First Base was to develop it and probably would have if the economy had not gone into free-fall post 2007. So the cleared site, formerly home to the London Park Hotel, has lain fallow ever since. This is what fallow looks like:
There is a 2012 picture but not from the corner as are all the previous ones, but trust me, it looks exactly the same. However, things could be about to change, local authority Southwark are looking for a new partner to develop the site.
Now we've spoken in the past about the fallacy of blaming the planning system for the lack of construction growth. We have solid data going back well over a decade, well into the good times and it always shows the same thing. The number of sites with planning permission increases year on year whilst the number of completed units remains almost static.
There is no debate to be had here, it's not about planning, it's all about funding... period.
And if one scheme encapsulates what I've just said it would be this one. How's this for oven ready:
Detailed planning permission for 470 residential units in a 45 storey landmark tower designed by Rogers Stirk Harbour + Partners. Located 2km from the city and 2.5km from the West End. Close to Elephant & Castle underground station (Zone 1) and overland stations providing excellent links. Within the Elephant & Castle Opportunity Area.
Interested? Give Madeleine Jones, Tom Dolan-Bent or Nigel Durman at DJ Deloitte a bell on 020 7007 2342 or email: newington@djdeloitte.co.uk expressions of interest by 22 October 2012.
Now we've spoken in the past about the fallacy of blaming the planning system for the lack of construction growth. We have solid data going back well over a decade, well into the good times and it always shows the same thing. The number of sites with planning permission increases year on year whilst the number of completed units remains almost static.
There is no debate to be had here, it's not about planning, it's all about funding... period.
And if one scheme encapsulates what I've just said it would be this one. How's this for oven ready:
Detailed planning permission for 470 residential units in a 45 storey landmark tower designed by Rogers Stirk Harbour + Partners. Located 2km from the city and 2.5km from the West End. Close to Elephant & Castle underground station (Zone 1) and overland stations providing excellent links. Within the Elephant & Castle Opportunity Area.
Interested? Give Madeleine Jones, Tom Dolan-Bent or Nigel Durman at DJ Deloitte a bell on 020 7007 2342 or email: newington@djdeloitte.co.uk expressions of interest by 22 October 2012.
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