100 Avenue Road consultation and deadline… take note!
Thursday, 7th November 2024
• REGAL are holding another consultation, set for Saturday November 9, at Swiss Cottage Library from 11am to 2.30pm or in their website (100avenueroad.uk).
Feedback forms can be obtained at both the exhibition or online.
I urge everyone to repeat previous objections to the whole development by November 17; also possible by email to 100avenueroad@regal.co.uk or by phone to 020 3398 1590.
But only those who attended the last consultation and left their email address (or like me were informed by friends who did) or readers of this letter may know about it.
Regal say they have leafleted 5,000 addresses, but I have not received it this time (like others I know) although I live very close to the site and gave my postal address on the last consultation.
So prior notice has been clearly defective, and the exercise needs to be repeated after proper notice has been given.
A word of warning, going by the last consultation, approving any of the suggested minor cosmetic changes will be taken by Regal as approval of the scheme, so far better to answer questions by continuing to object to the whole project.
In July Regal revealed that the 184 flats would be for sale rather than rental, and increased to 210 by squeezing in two extra floors.
Now that number has been increased to 236 without explanation, presumably making them smaller, so (subject to the price) even less attractive to those looking for a main home who may already be put off by limited street access, restricting rights to any car ownership and to normal deliveries and servicing.
Those interested in a second home London pad might not be so concerned but could well be put off by the large increase in stamp duty, and the buy-to-let market is already dead before the budget increases.
This leaves overseas buyers, and Regal may well, from the start, have regarded them as their prime market, having established an office in Dubai.
Leaving aside that now London may not be seen as that attractive as a safe currency haven, and the risks of money laundering already expressed by Tulip Siddiq MP, this is likely to result in yet another empty London tower block being owned by foreigners as a speculative investment.
Whatever justification there may have been for a 24-storey tower (now to be 26 within the same height) providing homes, there is none for the damage to six conservation areas through the construction of another unoccupied tower.
With Labour prior to the election having pledged to crack down on foreign property speculators, at least Camden should be imposing conditions on the sale of flats to only those resident in the UK with them occupied as a home.
ANTHONY KAY, NW3