Looming tensions over the Nine Elms regeneration featured in the Estates Gazette blogs this week, with the new ‘focus’ blog reporting on news from EG’s London development summit.
Stacey Meadwell writes: “You could have cut the atmosphere with a knife when the subject of developer contributions towards funding the £800m extension to the Northern Line came up during the Battersea panel.
“Treasury Holdings, owners of the iconic power station, said extending the tube down to the site was critical to its success but stakeholders in other parts of the 450-acre Nine Elms regeneration area, namely New Covent Garden Market and the US Embassy, feel they are adequately served by existing public transport.”
Helen Roxburgh, in her residential blog, writes about space standards for residential developments with the mayor of London’s director of housing, Richard Blakeway, calling on a 10% increase on the basic standard size.
“This could represent a massive increase, and prevent a lot of the rabbit-hutch building of recent years – I live in a very small flat, and the possibility of spreading out a bit has obvious appeals – as long as the costs aren’t passed on to the hard-done-by buyer,” Roxburgh says.
Lisa Pilkington’s Midlands property blog focuses on plans for a new £100m science park in Nottingham.
“The vision for the MediPark hopes to build on Nottingham’s strength as a Science City – a crucial selling point for the city – and bring together new facilities to support medical and clinical research,” Pilkington says.
In the property law blog, Christian Metcalfe says there were “angry scenes” at his desk yesterday following the announcement that Criterion had bowed to pressure from the Crown and opted to open a Cool Britannia souvenir store in Piccadilly, rather than retailer TK Maxx.
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