Harringay, Haringey - So Good they Spelt it Twice!
Poor squeezed Harringay. Look what's about to happen. It's not just Wood Green
Poor squeezed Harringay. Look at the huge developments about to happen all around us. These really are all MAJOR developments. It's not just Wood Green:
Just to the North:
Wood Green Town Development
Haringey Heartlands
Sainsbury's Hornsey
Just to the East we have:
Tottenham Hale
Just to the South we have:
Woodberry Down Estate Redevelopment
And, slap-bang in the middle we have our own Sainsbury's
AND WHERE'S THE PLANNING TO DEAL WITH ALL THE TRAFFIC EFFECTS ON HARRINGAY - IS IT COMING OUT OF THE SAME POT AS THE PLANNING FOR HARRINGAY SAINSBURY'S?
Just to the North:
Wood Green Town Development
Haringey Heartlands
Sainsbury's Hornsey
Just to the East we have:
Tottenham Hale
Just to the South we have:
Woodberry Down Estate Redevelopment
And, slap-bang in the middle we have our own Sainsbury's
AND WHERE'S THE PLANNING TO DEAL WITH ALL THE TRAFFIC EFFECTS ON HARRINGAY - IS IT COMING OUT OF THE SAME POT AS THE PLANNING FOR HARRINGAY SAINSBURY'S?
Tags for Forum Posts: election 2010 issue, haringey heartlands, hornsey depot, sainsbury's, tottenham hale development, traffic, woodberry down development
Replies to This Discussion
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Permalink Reply by Optique on
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I wouldn't worry too much about these schemes. The ones that involve hundreds of new housing units and which have not yet started construction will likely be shelved indefinitely. There is no large pot of public money available to fund all the housing -- instead, a private developer is invited to put up the housing, making a large enough profit on the private units to subsidise the affordable units and a contribution towards infrastructure.
This plan worked fine over the past five years or so (e.g. at New River Village), but it only takes a quick glance at the share prices of Barratt, Bovis, Berkeley, Persimmon etc to see that future projects are unlikely to be taken on for the next couple of years or so. The builders are now so highly indebted that they need to preserve cash at all costs. Some have explicitly said that they have a freeze on new sites.
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Permalink Reply by Michael Anderson on
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I wouldn't be too sure about the developments not going ahead. The trend at the moment is for small, cheaper (!) units to get into the first time buyer/buy to rent markets. What the council get out of it is what's called a section 106 agreement where the developer has to provide x% affordable or social housing or make educational or community infrastructure contibutions.
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