"
A BID to transform the waterfront at Granton into a continental visitor attraction is being blocked because a council arms-length development company refuses to sell the land, it has been claimed.
"
CityCyclingEdinburgh Forum » General Edinburgh
"Waterfront attraction bid blocked by land squabble"
(7 posts)-
Posted 10 years ago #
-
refuses to sell it for less than it is worth, more like.
Posted 10 years ago # -
"refuses to sell it for less than it is worth, more like."
Such valuation is always difficult - especially if it's on a balance sheet somewhere.
Don't know anything about this particular proposal, but it could be argued that it might actually attract more developers/development, and so raise land values generally.
I would also argue that putting in decent cycle (and walking) infrastructure would help too.
Posted 10 years ago # -
"Granton sur mer" - I'm assuming Johnston Press has finally thrown in the towel and sold the EEN to the Daily Mash.
Posted 10 years ago # -
continental visitor attraction
How does that work then? Are they moving Granton sur Mer to France too?
Posted 10 years ago # -
"refuses to sell it for less than it is worth, more like."
Such valuation is always difficult - especially if it's on a balance sheet somewhere.
s/less than it is worth/less than the owner is willing to sell it for/
Which, if I were the owner, is fair enough.
Posted 10 years ago # -
http://www.granton-sur-mer.co.uk
https://grantonimprovementsociety.wordpress.com/granton-sur-mer
"
Cllr Tom Buchanan, chairman of Waterfront Edinburgh Ltd, said: "Whilst the council recognises the importance of creative industries to the local economy, we have a duty to look after our resources, especially in these tough times.
"In any case, the off-market deal proposed would violate our legal obligation to demonstrate that we've achieved best value for the taxpayer."
"
http://www.scotsman.com/news/cash-blow-leaves-granton-sur-mer-plans-high-and-dry-1-1246709
Posted 10 years ago #
Reply
You must log in to post.
posts
