Friday, September 12, 2014

Branson on London - September 2014

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This is a fascinating period for London as it spreads its tentacles out like the arms of an octopus.

The question is surely, where will be the boundary be set? Just examine the facts.

Docklands is embarking on another round of development and Stratford has emerged as a commercial centre. So that is a movement along the River Thames.

South of that there is increasing focus on Bermondsey and records are being set on the Southbank, including a host of proposals for tall buildings.

Waterloo is active and then onto Victoria, which is being rebuilt by Land Securities, Nine Elms and Battersea.

Now the focus switches to Euston Road and north of Oxford Street. Not to be forgotten are Midtown and the area around Tottenham Court Road. Add into the mix increased activity by the landed estates, such as Howard de Walden, Westminster, Portman and Bedford and you have a dynamic mix which is being interfered with by the government with their ill thought out policy of allowing conversion from commercial to residential space without planning permission.

That has raised the hackles in Camden where it took years for the councillors to be converted to the idea of offices rather than social housing. Now they like the income from rates on commercial property.

In the long run the increased population of London will put overwhelming pressure on the transport system and bring arguments about the cost of transport improvements.

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