Link to Evening Standard |
"The Qatari developers of the stalled £3 billion Chelsea Barracks apartments scheme were today told to 'start or sell' to unlock hundreds of promised affordable homes.
"The prized site, bought for almost £1 billion six years ago, is still a windswept wasteland, 18 months after the Qataris secured a hard-won planning permission from Westminster council.
"Today the authority’s housing chief Jonathan Glanz urged the Emirate’s development arm, Qatari Diar, to crack on and deliver the 120-plus affordable homes and £78 million cash contribution it promised.
"The landmark project has been put on hold, amid fears that it is no longer commercially viable in the deteriorating economic climate."
17,000 stampede to get their hands on 2,800 Olympic village flats "More than 17,000 people have registered interest for one of the 2,800 apartments in the Olympic village, it was revealed today. "The owners of East Village said they were 'really encouraged' by demand in the Stratford neighbourhood where the first residents are due to move in this August. "The boss of the Qatari Diar Delancey (QDD) consortium, which owns half the complex, insisted they were aiming to create homes for young London families and would not market the properties to wealthy foreign speculators." |
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