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Wednesday, October 04, 2006
Argent agrees KXC section 106
Argent and Camden have finally thrashed out a deal on all Section 106 agreements for the £2bn Kings Cross rail lands scheme.

Peter Bishop said: ‘We have established all Section 106 agreements, and we will be signing in November. It’s been a great accomplishment steering a scheme as complex as King’s Cross through the minefields of community and political process, and doing so without a public inquiry.

‘It will be a futuristic scheme, especially in terms of public access – it will really buck the trend.’

Argent has been bracing itself for a judicial review following a campaign by local residents who claimed Camden council’s handling of the affordable housing was ‘flawed’. It was originally thought that the allocation for affordable housing was too small, but evidently an acceptable new agreement has been reached.

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