Friary Park update
Both GLA and independent analysis of viability for the Friary Park scheme in LB Ealing indicate a profit of up to £18m compared with Mount Anvil’s claims of their £30m loss, as explained in the video, which could affect the amount of affordable housing in the development.
The Assembly will be asked to consider the situation and DHCLG will be informed.
The Government is considering bringing into force an unimplemented part of the Levelling-Up and Regeneration Act 2023 on how a developer’s past behaviour could be taken into account by a Council for any new applications they submit. It should cover such situations.
Earlier articles on this subject:
Are these problems happening in your borough? If so, please let London Forum know.
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Our President, Ben Derbyshire, provides his Insights into our recent Densifying the Suburbs event.
I welcomed the invitation to speak at an [more…]
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