Topic: | Re:Re:Re:Re:SaveOurSkyline Campaign | |
Posted by: | Mrs Una Hodgkins | |
Date/Time: | 10/11/10 12:49:00 |
The council are GIVING Helical Bar and Grainger plc ("King Street Developments") the car park and the registry office which together constitute over 50% of the land area or "footprint" of the development. The other parts are Cromwell Mansions and the cinema. Cromwell Mansions will be acquired by compulsory purchase from Pocklinton Trust, and the cinema is already owned by St James Developments (Tesco land bank), so Tesco are presumably well-advanced in their negociations with KSD for their new supermarket. The open market value of the full site should be more than £50M (one third of the selling price of the 320 flats, say £160M), but "King Street Developments" are going to acquire it for just the cost of the mansion block (say one fifth or £10M - IF an "open market" value is available under such a forced compulsory purchase?), plus the new offices to be used by the council but which would have been built anyway, plus the cost (£3M?) of pulling down the extension and making good the north-facing square. The costs are minute - approximately £20M and mostly IN KIND. The council have left themselves at the mercy of the quality of the design and build actually realised and are NOT receiving hard cash for council tax payers. And we are going to have to wait a long time for the flats to be actually sold and the Band H council tax to start to come in.... but the planning permission granted will be EXTREMELY valuable to KSD who can sell on the site at any time. The council are over a barrel. |
Topic | Date Posted | Posted By |
SaveOurSkyline Campaign | 14/10/10 16:44:00 | Madalyn Roker |
Re:SaveOurSkyline Campaign | 15/10/10 00:26:00 | Rosemary Pettit |
Re:Re:SaveOurSkyline Campaign | 16/10/10 06:58:00 | Ellen Kearney |
Re:Re:Re:SaveOurSkyline Campaign | 16/10/10 15:55:00 | Jenny Durley |
Re:Re:Re:Re:SaveOurSkyline Campaign | 18/10/10 14:42:00 | Ellen Kearney |
Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 18/10/10 16:38:00 | Rosemary Pettit |
Re:Re:SaveOurSkyline Campaign | 16/10/10 19:34:00 | Mrs Una Hodgkins |
Re:Re:Re:SaveOurSkyline Campaign | 20/10/10 14:03:00 | Paul Corcoran |
Re:Re:Re:Re:SaveOurSkyline Campaign | 20/10/10 14:24:00 | Rosemary Pettit |
Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 20/10/10 14:40:00 | Paul Corcoran |
Re:Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 20/10/10 15:47:00 | Rosemary Pettit |
Pocklington Trust Housing | 20/10/10 17:43:00 | Paul Corcoran |
Re:Pocklington Trust Housing | 20/10/10 17:54:00 | Rosemary Pettit |
Re:Re:Pocklington Trust Housing | 20/10/10 18:14:00 | Paul Corcoran |
Re:SaveOurSkyline Campaign | 04/11/10 07:42:00 | Ellen Kearney |
Re:Re:SaveOurSkyline Campaign | 04/11/10 12:56:00 | Rosemary Pettit |
Re:Re:Re:SaveOurSkyline Campaign | 04/11/10 23:05:00 | Paul Corcoran |
Re:Re:Re:Re:SaveOurSkyline Campaign | 10/11/10 12:49:00 | Mrs Una Hodgkins |
Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 23/11/10 15:08:00 | Ellen Kearney |
Re:Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 23/11/10 15:34:00 | Mrs Una Hodgkins |
Re:Re:Re:Re:Re:Re:SaveOurSkyline Campaign | 23/11/10 16:08:00 | Rosemary Pettit |
:SaveOurSkyline Campaign | 23/11/10 16:51:00 | Madalyn Roker |
Re::SaveOurSkyline Campaign | 23/11/10 17:04:00 | Mrs Una Hodgkins |
Re:Re::SaveOurSkyline Campaign | 20/01/11 09:22:00 | Paul Corcoran |
Re:Re:Re::SaveOurSkyline Campaign | 20/01/11 10:00:00 | Mrs Una Hodgkins |
Re:Re:Re:Re::SaveOurSkyline Campaign | 21/01/11 09:06:00 | Paul Corcoran |
Re:Re:Re:Re:Re::SaveOurSkyline Campaign | 16/02/11 13:57:00 | Ellen Kearney |