The Metro Shopping Fund, a joint venture between Land Securities and Delancey, was forced to withdraw its planning application for a major mixed-use development at Clapham Junction, London. The company had been seeking planning permission for a large mixed-use project consisting of 556 homes in a high-rise scheme, new shopping areas and a cinema.
The Metro Shopping Fund, a joint venture between Land Securities and Delancey, was forced to withdraw its planning application for a major mixed-use development at Clapham Junction, London. The company had been seeking planning permission for a large mixed-use project consisting of 556 homes in a high-rise scheme, new shopping areas and a cinema.
'We have invested significant resources to date, however in the absence of the council's support at the last moment we have been forced to withdraw our application,' said Jamie Ritblat, CEO of Delancey.
The Metro proposals, which had the full support of Network Rail and the Train Operating Companies, would have meant a much improved Clapham Junction station, a new bus interchange, improved public and circulation space around the station, the company said. Metro's proposed improvements were designed to help revitalise the town centre and deliver a step change for Clapham Junction's overloaded transport infrastructure.
Ritblat added: 'We are all deeply disappointed and frustrated that, despite many years of close cooperation and support from Wandsworth, to ensure that our proposals met all of their objectives for the location and this very important transport hub, the council has now seen fit to entertain a recommendation for refusal.'
