Sunday 27 May 2007 3.35pm
[quote carmenes82] Yas - I'm interested to know how the neigbours and the rest of the city lose and, further, why you think there won't be owner/occupiers?
chris, the reason I believe the City & neighbourhood lose out is because of the horrendous obstruction to the city scape. This proposed building is taller than the millenium wheel, the RFH, QEC, etc. It sticks out like a sore thumb along the much improved Southbank riverside. The Rambert
Dance Studios are a great idea but they are just an excuse for the rest of the building which covers 48 times more space. Not sure what you know about the "community" facilities but having an Olympic sized pool which SE1 lacks does not require 47 stories above it.
Re: owner-occupied: Of all the recent developments in SE1, very few are owner-occupied. Speak to estate agents! They will tell you. Most of these flats are bought off-plan by the dozens at much reduced prices by property managers for their rental portfolios. They keep them 3 years and ditch them afterwards to avoid CGT. A lot of them stay empty for months. Just look up at Tabard Square (or Empire square as renamed for evidence).