Tuesday 26 September 2006 1.49pm
I am disappointed, and a little surprised, to hear this. I had understood that the planning permission was on an "all or nothing basis" i.e. unless they built all the towers they coulkd not go ahead. As Southwark owns a third of the land and did not want to participate I thought this gave them an effective veto?
Can someone remind me of the ownership. I thought Berkeley owned the front two-thirds of the site meaning they could try to build the six smaller towers and that Southwark owned the rear third where the three tallest towers were to go?
I have seen the hoardings now. Is that jot where the six storey corner building is being built?
My fear is this: once Berkeley have built the first three or six towers, the resultanat increase in the land values will make it too expensive for Southwark Council
to compensate Berkeley if they do not allow the remaining three towers to be built.
That said, short of a serious sit-in on the site I suspect it is too late to do anything about it now. I would, however, be very interested if anyone knew what Southwark's plans for their third of the site are?