Harringay, Haringey - So Good they Spelt it Twice!
Grainger get even MORE public money
Grainger get even MORE public money to underwrite their profit on Wards Corner.
Article in Indy. This is on top of the almost £2m already given them, in a reverse bung.
Imagine what that money could do now to improve the area.
This is coming out of your Council Tax, people.
Tags for Forum Posts: grainger, planning, ward's corner
Replies to This Discussion
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Permalink Reply by clyde on
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The whole wards corner development is a sick joke. The developer (worth about 2 billion in assets) got public cash to put in a plan. It then gets the sale of Haringey tax payers’ property at a knock down value giving it an extra 1.5 million. Plus there is an option agreement over the Apex House for the gifting of council land worth over 5 million.
Then after that 8.5 million give away the Haringey tax payer gets to pick up the bill for the compulsory purchasing of over 70 businesses and numerous private homes. Plus the Haringey council tax payer has to pay the re-housing costs (as there is of course no social homes in the development nor in the Apex house development) of over 40 families. The cost of 40 flats will be huge.
I mean how much is it going to cost the people of Haringey to re-house 40 families. I can't see the local tax payer can afford this developers when the council is sacking teachers, closing young peoples clubs and for what.
I mean how will a pig ugly block of flats, which could cost the local tax payer 15-18 million going to help anyone. It will suck the area down and just lead to future neglect.
There are thousands of empty houses in the borough that need to be sorted first yet the council is obsessed with this 40 year building dream, even though the times have changed but not the council staff or their outdated expensive pie in the sky follies.
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Permalink Reply by Clive Carter on
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IMO, its down to poor leadership and poor judgement – this seems to be a recurring theme.
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Permalink Reply by James R Grinter on
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I assume that there was a competitive tender that Graingers won? What exactly was so compelling, to the council, about their bid versus the others?
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Well, competitiveness and compelling bids are are in the eyes of the beholder.
When attempting to flog our charitable trust Alexandra Palace, the council claimed that Firoka (Alexandra Palace) Ltd. had been subject to a rigorous process in order to become their preferred bidder (a term having legal implications) and development partner.
The developer-of-last-resort, later claimed to want to withdraw and eventually threatened to sue our charity. A summary of the council's "rigorous" selection process can be seen on the SaveAllyPally site (scroll down), under How to sell a Palace for Peanuts, a quick guide.This description is closer to the truth than the official/PR version.
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its awful we have to pay these people out of out tax money after what they have done and what they are going to do.
How much is this council giving them and for what? If you just know about the tip of the ice berg what else are they having. How much blood money is enough.
That bernice should take her twenty pieces of sliver, buy a bible then read it.
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I think it is disgusting that these unwanted and unloved development gets more public money and what worse that the TfL have to contribute to it. So anyone with an Oyster card gets a fare increase just some ugly flats.
The mayoral office in its executive summary says:
MD1051 Wards Corner regeneration
Published Date: 31 August 2012 Reference No: MD1051 Executive Summary:
The London Plan supports street and farmers’ markets, their development and expansion, and that partners should work to prevent the loss of such retail facilities.
The Mayor is supportive of the overall need to regenerate the Wards Corner area which in effect acts as the gateway to Seven Sisters/Tottenham.
The Mayor has also identified the Pueblito Paisa Latin American market as a specific case, which provides a platform for small businesses and provides a specialist, culturally specific amenity for the local community, supporting the vitality and cultural diversity of the local Seven Sisters retail offer.
Through the planning process, the Mayor has ensured that the planning application includes the provision of a replacement market space of a similar size to re-accommodate the market. As a second step to assist in the regeneration of the area, and preserve its vitality, the Mayor requires TfL (as a significant landowner in the area) to enter into arrangements with the London Borough of Haringey to provide financial support to the small businesses in the existing market during the regeneration period.
The market will never survive as it depends of the bulk buying power of the surrounding shops and the social space within the market area plus the great location. The whole are will suffer job lose as the some market and shop units on the site support part time job i.e. one baker does six jobs on the same days in six locations. So a Brazilian hair salon/cafe will close due to there is not enough units left to support the baker’s income.
This cause is both about the waste of money in a recession, the loss of local jobs in a recession and the loss of heritage which would be kept in the richer area.
It is just wrong that tfl and teh Haringey tax payer should have to bail out a developer.
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