“JUST TOO DIFFICULT..” – PETER MURRAY
Peter Murray remarked that a representative of a leading housing association had recently said development in London was becoming “just too difficult”.
High land values, the huge investment in fees before a project gets off the ground, the long delays in planning (a couple of years is not uncommon and complex sites can sit around for a decade), the uncertainty once the project gets to the planning committee and the possibility of it being called in, all add to the difficulties.
These factors all contribute to the difficulty to development in growing London, encouraging the ethos and value of a ‘meanwhile’ scheme. Allowing the studio to reflect and will be investigating our meaning of a ‘meanwhile’ scheme.