Wednesday, 29 October 2008

Noho Square temporarily on ice

In the heart of Fitzrovia, the much anticipated development Noho Square, the site of the old Middlesex Hospital is in danger of being put on ice due a legal dispute between Candy and Candy, the high end developer, and their business partner, the Icelandic bank Kaupthing, who’s British division has been put into administration by the Government.
Nick Candy, one half of the famous brother developers, has been quoted as saying that Noho Square was now behind schedule. As a result new plans for fewer homes and more commercial space may now be put to Westminster council. 'We will definitely need to look at the viability of the present scheme,' said Mr Candy. 'We will look to reweight the plans towards commercial or hotels or some other use such as a private hospital.'
Whatever the outcome LDG wish Candy and Candy all the best. Our hearts have been in Fitzrovia for over 20 years and we see this site, which is one of the biggest in the West End, as being a massive catalyst for what is already one of London’s great areas.

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