Tuesday 18 February 2014 3.01pm
This isn't really an extension of the City, as there tends to be a different occupier base on the Southbank (media, professional services, architecture/designers) compared to the City (financial services and insurance). The council is proposing some office-led schemes, which helps create a community instead of solely residential (which would actually raise more cash for the council, so not "greed driven")
When you've got the opportunity to use the strong capital inflows that happen to be coming into London at present to rebuild a largely neglected but very well situated part of London, I say take it! Those who are against the plans appear to be acting out of self interest, given that newly constructed spaces and money raised from developers will benefit the majority of the community and will allow the council to provide assistance for a far greater number of people.
isn't anywhere near Blackfriars Road
, so not sure why this was mentioned, but the info provided is all backwards anyway: 50% of the tower is office - a not insignificant 600k sqft, it was intended to be a mixed use building (with residential, hotel, office, and retail space, and now a hospital!), and TFL are not taking any space at all.