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FLATS AND HOTEL
REPLACE OFFICES - The Wharf
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SIR Robert Ogden CBE has scrapped offices in favour of apartments
as another major development in the Millennium Quarter reacts
to a faltering commercial market. On Monday (August 1) RPS
Planning, agents for the businesstycoon, lodged plans to replace
offices with a hotel and short-stay apartments as part of
the £100million redevelopment of Indescon Court, Millharbour.
The hotel will be situated in an 84-metre tower on the eastern
side of the site, which lies at the heart of the council's
Millennium Quarter. The new plans affect only the eastern
side of thedevelopment and will also include shops, workspaces
and community facilities. The changes would boost the number
of apartments in the scheme to 850. RPS senior planning director
Paula Carney said: ``We want to crack on and develop the site
and need to incorporate different uses than commercial.''
The new look Indescon Court follows a trend of developers
in the Millennium Quarter ditching their office plans in favour
of residential developments. Ballymore Properties changed
its schemes - Arrowhead Quay and 1 Millharbour - from offices
to homes and Capital & Provident chose to build the apartment
complex Discovery Dock instead of offices.
Rupert Cherryman, director of commercial property agent Cherrymansaid
office content had ``significantly reduced'' in the area.
``I don't think it's a bad thing that residential is nudging
up against Canary Wharf because it provides a more varied
environment,'' he said. But Tower Hamlets Councillor Alan
Amos said the borough had allowed developers to break a Millennium
Quarter masterplan, drawn up in 2000, by allowing taller and
more intense developments. ``The whole point of the plan was
to allow a strategic plan for the area,'' he said. ``But now
they are cramming as much concrete and glass as they can in
this tiny pocket of land. It's gross overdevelopment which
future generations will curse.
Edited by Renato Castello
(Filed: 04/08/2005)
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