Southwark Council has been ordered to release financial information about its controversial regeneration of the Elephant and Castle's Heygate estate.
We say, Southwark has one of the most difficult boroughs within London to manage, seems a harsh term to be "ordered" in any form.
Southwark council has been criticised because only 25 per cent of the 2,469 homes in the scheme being developed with Lend Lease are affordable. Campaigners are pushing for the level to be increased to 35 per cent in line with Southwark council's standard policies.
We say, let Southwark deal with it, campaigners only push to cause trouble and more expense.
The council has refused to disclose a financial viability assessment on which this decision was based following a freedom of information request last year. The authority cited commercial confidentiality and that the decision was necessary to protect its economic interests.
We say, protecting economic interests does seem in the best interest of all.
The Information Commissioner on 16 July upheld a complaint about the council’s refusal to release the information. Stating that ‘The public interest in disclosing the information outweighs the public interest in maintaining the exception.’
The decision means Southwark Council must supply the information within 35 days of the decision.
We say, why not keep your noses out of it, far too much interference already.
A leaseholder on the Heygate estate, said: ‘The viability assessment contains, Lend Lease’s valuation of the existing residential properties on the estate. We will be very interested to see how this compares with Southwark’s valuation of our homes.’
We say, in an over populated area already do we need more housing, the Heygate is a sad sight and it must come down but, another five thousand plus residents? not so sure the borough needs that.
Courtesy of Inside Housing