Tuesday, 1 September 2020

Development Company Offers To Pay £43m CIL Charge

The development company owned by Richard Desmond has offered to pay a £43m Community Infrastructure Levy (CIL) charge on the proposed Westferry Printworks development, after his initial application controversially escaped the levy. The High Court quashed the planning application for the development in May, after housing secretary Robert Jenrick admitted the decision to approve it one day before Tower Hamlets’ CIL charge was introduced in January showed “apparent bias”. Westferry Developments has refused to increase the quantum of affordable housing – a major point of contention in the initial application. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/richard-desmonds-development-company-offers-to-pay-43m-cil-charge-for-westferry-site-67720?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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