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Friday, October 27, 2006
In brief: Allied London and other stuff
Allied London, developers of the Brunswick Centre and endurers of a "rollercoaster of strategy shifts and ownership changes" over the last decade, are set to start acquiring new city centre sites in London with a new restructure that sees Allied's management retain a 20% stake, with Delancey and RBS taking 40% each. Quite big news - Delancey see it as forming a vehicle similar to the retail venture they have going with Centros Miller. They want to do big masterplan-able sites, mixed-use, medium-term.

Ashford are working on plans to establish the UK’s first financial institution to fund the development of local infrastructure.

The £1bn Omega Warrington development finally gets planning permission, after all the objectors got too tired to carry on fighting. Omega Warrington is a JV between RBS, EP and Miller. The first two phases include industrial and distribution space to the north of the site and office accommodation to the south. The south site will also feature complimentary uses and a hotel.

On the local authority side, finally someone gets through: South Cambridgeshire is the first to have its new-style core strategy passed as 'sound' by the planning inspectorate.

Nick Barley has been appointed as the new director of the Lighthouse, Glasgow's architecture centre.

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