Pledge to continue with stalled Hove development (From The Argus)
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Pledge to continue with stalled Hove development
4:00pm Saturday 16th February 2013 in News
Developers behind a stalled £100 million scheme have pledged they are committed to the project – and have bought an adjoining site to use as a potential bargaining chip.
Coal Pensions has had permission to transform the Sackville Trading Estate in Sackville Road, Hove, since 2010.
The proposal, which includes a food store, 92 homes, retail units and office space all above an under- ground car park, could create 690 jobs.
After receiving the go-ahead to extend this permission for a further three years those leading the development have confirmed the owners have bought the Warner Estates site immediately to the south of it.
This was despite Brighton and Hove City Council allocating this plot as a waste transfer site and therefore not available for homes or offices.
Leading business figures told The Argus they felt the motivation could be to use it as a bargaining chip in negotiations for a new scheme.
David Carvey, of P2 Developments, which is leading the project for Coal Pensions, said: “There has been a lot of work going on behind the scenes on this project.
“It is very complex and has stalled on viability grounds not finance – the economic and property down-turn has unfortunately been outside Coal Pension’s control but rest assured that they are committed to this project.”
Planning permission for the original scheme was due to expire on March 2.
Problems were posed when Parkridge, the development firm appointed by Coal Pensions, went out of business.
The same individuals have since formed P2.
An extra three years’ permission has been granted by the council’s planning committee.
A council spokesman said: “We were aware that the coal yard site was being marketed and understand the purchasers to be the freeholders of the Sackville trading estate.
“We have not been in contact with the new owners but we are always happy to meet site owners and dis- cuss their aspirations.
“Work is due to start on a new waste sites allocation document in the next few months. This is unlikely to be adopted before 2015/16.
“There is no mechanism to revoke or review allocated sites before a replacement plan is in place. For this reason a change in ownership will not affect the planning policy for the site.”
Comments(5)
rolivan
says...
5:36pm Sat 16 Feb 13
Grumpy Old Cyclist
says...
6:20pm Sat 16 Feb 13
saveHOVE
says...
10:44pm Sat 16 Feb 13
In talks with various of the landowners and developers from Sackville Estate down to Hove Station redev and derelict factory, it has been made plain they have no interest or intention of combining sites, joining forces, to make a single co-ordinated redevelopment. Sadly.
The Waste Transfer Station should not be here. It is a redevelopment blight of major proportions and not in the interests of the surrounding area for it to be there.
Leighton Road! Enough already! If need be compulsory purchase and demolish the semis in the area on the other side of the tracks and relocate the council tenants there.
Anywhere would be better for the residents too than Sheridan Terrace with backs of these houses, split up into poor flats, only about 5 metres from trackside.
Whatever, the fact is Leighton Road Public dump is in need of a serious rethink anyway and using its trackside position is what a waste transfer station is about....so? How 'bout it!
rolivan
says...
5:49pm Sun 17 Feb 13
saveHOVE wrote:Why is it that we can see the benefits of development as a whole but those responsible cannot.Surely the Council can use their powers to make this happen and finally put this area of Hove on the Map as a trult 21st Century Development.
The article is not entirely complete. As well as the recession and demise of Parkridge, there is the major problem of Rayners. They WILL be leaving Hove to relocate to (it is expected) Worthing in due course. But this will involve another couple or 3 years at least.
In talks with various of the landowners and developers from Sackville Estate down to Hove Station redev and derelict factory, it has been made plain they have no interest or intention of combining sites, joining forces, to make a single co-ordinated redevelopment. Sadly.
The Waste Transfer Station should not be here. It is a redevelopment blight of major proportions and not in the interests of the surrounding area for it to be there.
Leighton Road! Enough already! If need be compulsory purchase and demolish the semis in the area on the other side of the tracks and relocate the council tenants there.
Anywhere would be better for the residents too than Sheridan Terrace with backs of these houses, split up into poor flats, only about 5 metres from trackside.
Whatever, the fact is Leighton Road Public dump is in need of a serious rethink anyway and using its trackside position is what a waste transfer station is about....so? How 'bout it!
bug eye says...
5:35pm Sat 16 Feb 13