Teal it how it is...

Normally it's agents who are accused of talking up the market. But the state of the economy appears to have driven normally even-handed development partners to push the boundaries. So tut tut Greater Lincoln Partnership (an alliance of public sector bodies) who today excitedly trumpeted plans to the media for a shiny new business park in Lincoln involving joint venture partner local developer Taylor Lindsey.

They even included a pretty picture (above) of how the scheme - Teal Park - will look when finished in 2011. Er, except there's no guarantee that the 80 acres of business and industrial space will be built by then. Or maybe even ever. That's because the development partners don't actually plan to build the units themselves - just carry out the infrastructure work and then sell the 'oven ready' plots on to other developers.

This was the, ahem, minor detail that GLP omitted to share with the media. Fortunately, I quickly uncovered the facts and you've read them here first. But others may have been caught up in what looks like a bit of spin.

GLP - I'll be keeping my eye on you in future! And any other development partners thinking of pulling a similar stunt. You have been warned!