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"The Mayor is considering whether to 'de-couple' the plans to revamp Britain's oldest mall from the wider 20-year regeneration of Cricklewood.
"The £4.5 billion plan gained outline planning permission in 2010 and would have involved building 7,500 homes, rebuilding three schools and moving Cricklewood station closer to Brent Cross. Developers claimed it would create 27,000 jobs as part of a £1 billion package of community benefits.
"But [he] has been warned that the current shortage of development finance would make it impossible to get it off the ground. He has now agreed to investigate whether shopping centre owners Hammerson Plc and Standard Life Investments can defer their wider community regeneration pledges or submit a new planning application simply to improve the retail outlets."
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| Dead in the Water: No, not Brent Cross Cricklewood - Brian Coleman's political career |
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