Comment
Hockley Area Action Plan - Issues and Options
Representation ID: 9334
Received: 28/04/2009
Respondent: Mr David Fryer-Kelsey
Who pays for these developments.
What are the costs.
Can landlords afford to pay for improving their property.
Can tenants afford the rents for new or improved properties.
It seems unlikely that national or local government will supply funding.
A private developer would only be interested if he could develop the whole of Eldon Way estate. He could be made to pay for improvements to the infrastructure and for developments in Spa Road in return for permission to develop Eldon Way estate.
If piecemeal development is allowed there will be no funding for infrastructure or other improvements.
Who pays for these developments.
What are the costs.
Can landlords afford to pay for improving their property.
Can tenants afford the rents for new or improved properties.
It seems unlikely that national or local government will supply funding.
A private developer would only be interested if he could develop the whole of Eldon Way estate. He could be made to pay for improvements to the infrastructure and for developments in Spa Road in return for permission to develop Eldon Way estate.
If piecemeal development is allowed there will be no funding for infrastructure or other improvements.