Rioja Posted March 2, 2010 Share Posted March 2, 2010 I heard over the weekend that the company behind the Sevenstone scheme had gone bust. Does this mean the pound shops and home bargains on The Moor were knocked down for no reason? Will The Moor be an unfinished wasteland for the foreseeable future? Anyone know whats going on? Link to comment Share on other sites More sharing options...
Cynic Posted March 2, 2010 Share Posted March 2, 2010 Anybody got any links to the latest info on this? How much demolition work was done, is it like a bomb site at the minute. I've not been anywhere near for ages. Link to comment Share on other sites More sharing options...
Mandem Posted March 2, 2010 Share Posted March 2, 2010 The Moor redevelopment has nothing to do with the Sevenstone, that is up Cambridge Street and around the old Cole Brothers. The council is responsible for the Moor redevelopment. I read yesterday that Sevenstone are completing building project in France before they start any here due to the "economic CLimate" Link to comment Share on other sites More sharing options...
Paul2412 Posted March 2, 2010 Share Posted March 2, 2010 Apparently the developers responsible for the Moor area have sold the rights so someone else: http://www.thestar.co.uk/news/The-Moor-sold-in-265.6107149.jp Mandem is right, Sevenstone is nothing to do with the Moor, and is currently on hold. Link to comment Share on other sites More sharing options...
flantastico Posted March 2, 2010 Share Posted March 2, 2010 Hammersons haven't gone bust but they're certainly looking elsewhere at the moment. Hammersons Statement Whether they will ever return to Sevenstone remains to be seen. They weren't prepared to stump up for the compulsary purchase orders on the existing buildings last autumn. The council had to buy them instead. That suggests Hammersons aren't really interested. With a bit of luck we may be spared our very own Arndale Centre. Link to comment Share on other sites More sharing options...
Paul2412 Posted March 2, 2010 Share Posted March 2, 2010 Hammersons haven't gone bust but they're certainly looking elsewhere at the moment. Hammersons Statement Whether they will ever return to Sevenstone remains to be seen. They weren't prepared to stump up for the compulsary purchase orders on the existing buildings last autumn. The council had to buy them instead. That suggests Hammersons aren't really interested. With a bit of luck we may be spared our very own Arndale Centre. Comments like this are always baffling, do you prefer what's there now? Link to comment Share on other sites More sharing options...
alchresearch Posted March 2, 2010 Share Posted March 2, 2010 The government has a very large fund to bail out stalled developments, I wonder why this hasn't been utilised here? Link to comment Share on other sites More sharing options...
flantastico Posted March 2, 2010 Share Posted March 2, 2010 Comments like this are always baffling, do you prefer what's there now? Do I prefer the Pepperpot building to a squat box? Do I prefer the former City Bar to a faithfull recreation of the Castle Markets? I think that goes without saying. As for buildings such as The Grovsner Hotel, you might say that it hardly matters what replaces them. The replacement couldn't be any worse than whats already there. The problem with Sevenstone was that it proposed an indiscriminate mass clearance. The replacement designs were so shoddy, so focused on the short term economic gain of the developer, that fifteen years from now we'd have been faced with the same squalor we've got now, except that we'd have lost the late 19th/ early 20th century buildings which currently redeem the area. Link to comment Share on other sites More sharing options...
Bilge Posted March 2, 2010 Share Posted March 2, 2010 Do I prefer the Pepperpot building to a squat box? Do I prefer the former City Bar to a faithfull recreation of the Castle Markets? I think that goes without saying. As for buildings such as The Grovsner Hotel, you might say that it hardly matters what replaces them. The replacement couldn't be any worse than whats already there. The problem with Sevenstone was that it proposed an indiscriminate mass clearance. The replacement designs were so shoddy, so focused on the short term economic gain of the developer, that fifteen years from now we'd have been faced with the same squalor we've got now, except that we'd have lost the late 19th/ early 20th century buildings which currently redeem the area. I wonder if there is now a chance of a reprieve for those few decent old buildings, while still producing a (renamed) Sevenstone that updates the city centre with some good new buildings? Link to comment Share on other sites More sharing options...
flantastico Posted March 2, 2010 Share Posted March 2, 2010 (edited) I wonder if there is now a chance of a reprieve for those few decent old buildings, while still producing a (renamed) Sevenstone that updates the city centre with some good new buildings? The Lib Dems were elected with a promise to look at reprieving the best of the existing buildings in the Sevenstone area. Now that Hammersons have declined to cough up for the compulsary purchase orders, the council owns the whole area. Hammersons still have planning permission for a series of destructive buildings but their designs were drawn up at the height of the City Living boom and its hard to see them stacking up financially today. Its hard to see them building much that they they've already got permission for. Fingers crossed. We might be safe after all. Edited March 2, 2010 by flantastico Link to comment Share on other sites More sharing options...
Recommended Posts