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"Towards the end of the year, a planning application will be made for a 3.75 million-square-foot space, on what the developers call 'the largest undeveloped site in central London'. Well, nearly central London.
"The 10-acre site, named Goodsyard, is situated 400 yards north of Broadgate, to the east of Shoreditch High Street [and around the London Overground station].
"Hammerson has pledged to turn itself into a retail-only business. But a spokesman says they 'are not selling'. Why? Getting planning on a site this size will take a year or so. But once that happens, the Goodsyard land will become pretty valuable. No doubt Hammerson will then think again."