Two more days at the Wards Corner CPO

Following last week’s posts, we are now two days into Week Two of the Public Inquiry into the Compulsory Purchase Order for Wards Corner.

Tuesday was largely taken up with Grainger’s witness on the viability of the market, in both the planned Grainger schemes and in the Community restoration plan.  There was much discussion of costs per square foot in rent in the various options, with forensic analysis and projections.  The rents will be temporarily slightly reduced by the S106 order in the Grainger plan, this follows Boris Johnson’s intervention in 2008 after he visited the market and the boarded-up upstairs space the day before the mayoral elections. Grainger’s plans at that stage Continue reading

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Notes from first week of Wards Corner CPO

from your raving correspondent, following yesterday’s post

Day three of the CPO Inquiry at the Civic Centre. First David Lewis, commissioned by Grainger, ‘heritage expert’ who didn’t think the Wards store is anything more than an ordinary old shop so not worth saving. Then Stephen Walker, of CBRE who has being doing the negotiations on behalf of Grainger to buy up all the property and evict tenants. Then Robert Fourt on questions of viability of the two rival schemes for Wards Corner. It’s hard to find problems for Grainger with their £2.8billion of assets, but he had a go at our Community Plan. He missed so many points and got so much wrong that it was a pleasure to correct him, plus we have never revealed much about our sources of funding as it’s not necessary.

Speaking of which – one of our major backers confirmed today that he has cash waiting for us to re-open our conversations with TFL re beginning our restoration scheme. And he’s speaking to his finance people about making a big investment in our plan. A great boost when we are all rather exhausted by all this.

Continue reading

Two days of the Wards Corner CPO done

ten more to go.   See below for what it is.
So far we’ve heard from Lyn Garner, LBH head of Regen, who got us off to a great start by describing how Tottenham is a disgusting slimepit full of crime and poverty and how the only thing to save it is rich outside developers. Then the architect of the Grainger Plan, on how his design is simply the most brilliant slab of bricks seen anywhere in the developed world. Today we heard from Suzanne Johnson of the regen team, with the story of how the Wards building is falling to bits, then Jonny Kibble from Grainger on how he has come to love and admire the cuddly market people.

It really has to be the best show in town, plus Continue reading