New U.S Embassy Nine Elms
The link below is a video about Embassy Gardens in the Nine Elms Regeneration scheme.
http://www.youtube.com/watch?v=fl6cjCzq8sw&feature=plcp
http://www.youtube.com/watch?v=fl6cjCzq8sw&feature=plcp
Comments
Thank you all for the comments.
Now long-term council tenants are. as a demographic. not the people one would expect to set about owning their own home and paying amortgage in any other circumstances. Likewise they are very unlikely to have savings of one hundred and ninety thousand pounds.
A large proportion of these houses are cashed in at an early stage and the capital disapated on sundry personal ambitions. The family move to private renting. The house is bought on a buy to let mortgage and comes back as a rented dwelling which is only affordable because of housing benefit We are seeing the end and curtailment of these subsidies. There will always be a significant minority of people who would be homeless but for social housing. Selling the the commonwealth in this manner is irresponsible and constitutes a fraud on the public purse.
A deeper problem is that nearly all privately rented accomodation is limited to six months or a years tenure. How does this augur for settled communities. For being in the Scouts or the bowls cliub or living near mum to get support with the kids. Our entire working class is becoming transient and itinerent and as interest rates rise and buy to let mortgages get more expensive rents will rise; housing benefit will fall and all the goodwill in the world wont help
http://www.guardian.co.uk/uk/2012/jul/05/british-absent-battersea-power-station-auction?newsfeed=true
The millions requested for some of the properties in The Tower will thus result in unrivalled views of another building!
Pleased to see better comment entering a thread that was descending into racialism.
Best - Ian
In general. To quote from the Council's website re. the Embassy Gardens development...
"The scheme would provide up to 1,982 flats of which up to 298 would be set aside as intermediate and affordable rent homes. If the value of the development improves during the build period the developer has agreed to share up to £40mn of the extra profits with the council. The funds would be used to provide more affordable homes across the regeneration zone."Best - Ian
http://simonhoggblogs.com/2012/01/18/video-the-great-nine-elms-swindle-how-wandsworth-gave-up-4000-affordable-homes/#more-313
I get the impression that affordable housing is becoming increasingly less so due to changing definitions and changes to housing benefit - is there information about how Wandsworth's (or Lambeth's) affordable housing breaks down into social housing or other types like part-ownership etc?
The Tower at Vauxhall is flipping HUGE! Viewed from Chelsea Bridge, the flats next to MI6 look like cottages.
so .. where is it stated what 'affordable' is? Affordable to what finance bracket?
Affordable means they can charge up to 80% of market rate. In the flats I live in, that would be about £200 per week, an amount that I could never have afforded when I was working let alone now I have retired. 70% of people on housing benefit are working people, but wages in London are so low for many jobs, that housing benefit has to be paid because rents are so high, and wages so low.
read my earlier comments on treatment of low paid workers in London
I think many of us may not like so many of the horrible tower blocks that have appeared all along the river front but ultimately it is the Council who approve such schemes so why are we bashing the Americans.
If the US had not bought this land to develop does anyone think that with the high cost of the land any other developer would be proposing anything much different. Can anyone make money out of having an estate on small 3 bedroomed houses?
The only way that would happen would be if the Council and Government would buy and develop the land at taxpayers expense - perhaps they should but unlikely in a recession.
I agree with some of the comments about architects - many seem to think an architect can design what they like when in the real world the client has the final say so why blame architects.
It is right to criticise those responsible but let's target those really to blame and not just targets Americans and Architects.
Personally as moderns buildings go I agree with Ian and a few others it is not as bad as many modern buildings and it will bring jobs to a very run down area.
http://www.london.gov.uk/sites/default/files/VNEB_OAPF_2012_0.pdf
Re: Housing, it says that, in general, Wandsworth ask for 33% affordable housing (on individual developments) and Lambeth 40%, both with a breakdown of 70% social housing and 30% intermediate.
However for Nine Elms, it says:
"Given the need to maximise financial contributions towards the provision of infrastructure required to support development in the Opportunity Area.., 15% affordable housing.. will normally be expected in the Wandsworth part of the Opportunity Area".
From the consultation comments, I take this to mean that Wandsworth dropped the amount of affordable housing so that developers would cough up for things like the tube extension, which is of less interest to Lambeth.
However I don't see how undercutting affordable housing targets that are put in place in order to make strong diverse communities can be a good thing for the future of the area. I'd like to see the justification for this and some reassurance that we're not just building another Canary Wharf.
Other than Wandsworth's FAQs that is, that say this isn't just going to be another Canary Wharf.
There are two very different pictures being painted and it makes me uneasy.
There will always be variants in the standard of living. But when these are stretched the unjust lengths they are now, there will be violence. This is tragic! Turn back now before innocent people are hurt.
Of the four families I know, three have folk working.. one doesn't. Of the three who work, they are all on a benefit of some sort - not being au fait with benefits (I am retired and not eligible) so - I will ask my question again ... what is their critria for 'affordable'??? My daughter and son in law both work - they wouldn't be eligible for social housing but couldn't afford most of the properties surrounding their workplace .. so .. what financial level is set for needing 'affordable' accommodation?
Not 'bashing' anyone .. asking a question.
I know about the low paid etc., but who sets the level which is 'affordable'? Does someone sit in an office - elect a committee and between then they decide that family earning (say) £25k as a family can afford their properties? Is it a formula laid out by the Councils/Government agencies?
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