Big empty plot to left of entrance from constitution hill. Was originally going to follow on from my block when this was finished but that was the time of the last economic crash. Always said when that one starts again there must be some confidence around although I do worry there may be too many apartments soon. However all 3000 of those being built on the other side of the quarter are all presold but sadly it's all Chinese and Russian money. Suspect it's being laundered or squirrelled away by dubious characters from either country.totally agree with you brian..dont think i know of the plot at st pauls metro stop will try and find it on street view
lyn
Just a big pyramid scheme really!Brian,
We've had experience of both Chinese & Russian money here in Crete, and investors from both countries have had cashflow problems leaving the actual local constructors bereft of funds and unable to continue the development for several years until someone else steps in with cash. The Russian model is to sell off plan and to develop in several different countries simultaneously. Thus the money raised from pre-sales in one country was funding the development in another country. This is fine except that all the countries' developments are dependent upon financial stability in the other countries. If one has problems, it results in massive cashflow problems in the others too, the Russian investor's bankers pull their horns in, and all of a sudden everyone is left high and dry! Some one else will eventually take over the investment, in one case that took three years.
One massive Chinese development never got built. When the problems arose they merely said that if Greece built it, they would happily still manage it. If Greece had been able to build it, would they have involved China in the first place? Hopefully the developments near you will have no such problems.
Maurice
Ditto!Quite - no one has the money to fund all the developments at once, and I'm not particularly criticising these countries as I'm sure it happens everywhere. Just a shock for those doing the real work. Just glad that I'm retired!
Maurice
I think 192 next door is the limit of the site and the demolition. However once things get going development tends to spread. Not sure if 190 has any kind of listing. Opposite me the development has been pretty well stopped for several weeks. No one will speak to me but the rumour is everyone is just about off site due to discovery of more asbestos within the old factory offices. I could have told them but hey they knew better!thanks brian..really hope this building at no 190 gt hampton row will survive the crushers as it used to be a pub...had a quick look at the plans and i cant see it ear marked for demo...lyn
https://www.google.com/maps/@52.489...4!1s64_JHx3DGMaRpPdpZASf4A!2e0!7i13312!8i6656
I’ll go take a close look at 190 next week. They have removed one lot of asbestos early on as I joked with site manager that they wrapped the building and the contractors wore hazchem suits and masks as I watched from my balcony opposite!hi brian..you would think they would have known that with buildings of that age asbestos could still be lurking....re 190 gt hampton row i could be wrong but i think its georgian so could be listed but i do not know for certain...if you get close up to it as i have done you can just see bits of the dark green pub tiles behind the nightingale signage and i have been told that the name of the pub is still intact but again no proof...must keep an eye on this one now..ps agree with you about not having a car park
lyn
Its through facebook Lyn so thats probably why it wont do anything. I just wanted to show a picture of the company doing the work.carol so am i surprised..i wonder what the name of the factory was and exactly when did it become the gothic??...more research...i have an old pub token for this pub..oh is that man we see meant to be talking about the renovations as i cant see anything to click on for sound?
lyn