Wednesday 2 November 2011

Property Speculator Announces Plans to Demolish And Develop Queens Wharf And Riverside Studios

View of Queens Wharf, then Riverside Studios along
Hammersmith's riverfront
Todays Financial Times is reporting that a “club of investors behind plans to build the City’s tallest skyscraper are set to redevelop the Riverside Studios in Hammersmith, West London.” Arab Investments has been in longstanding talks with the Riverside Studios and Hammersmith and Fulham Council who owns the site. The paper says Arab Investments is “owned mainly by Saudi and Kuwaiti investors” who have teamed up with A2 Dominion and plan to include Queens Wharf as part of the £190m development.

According to the FT the proposals cater for “a block of upmarket apartments, new bars, a restaurant” along with “new studios” which will be “rebuilt across the original site and the adjacent Queens Wharf development.”

There is no mention of any affordable housing which is odd considering that it was only as recently as 8th August this year that H&F Council refused planning permission for A2 Dominion’s last set of bizarre proposals for Queens Wharf because of their “failure to provide a suitable affordable housing provision” 

Click on cutting to expand and view
Likewise, there is no mention of how high this "block of upmarket appartments" will be. We should expect it to be smaller and less dense than A2 Dominion's last proposal because H&F Council said that had “inappropriate height and massing” but who could be confident of that with this Administration's record?

I will report again on this once we find out more. Needless to say, residents are already concerned about the Conservative Administration's all too friendly attitude to property speculators and their propensity to wave through completely inappropriate schemes. If they plan that approach here then all the participants behind this scheme will have a long and ugly fight on their hands.

1 comment:

Alexander Smith said...

They also seem to have something of a cavalier attitude to local history. I can't believe they want to destroy Riverside Studios, which is quite frankly magnificent as it is (I recall in the early 90s when the place was falling apart - compare it to now!).

Still, the sale of London to wealthy foreigners continues apace...