‘Croydon is a sweet spot for residential investment’

‘Croydon is a sweet spot for residential investment in the current market. With the proposed Westfield Croydon shopping centre the result of a £1 billion investment by Westfield/Hammerson now underway coupled with a major regeneration of the area, Croydon has seen a spike in its recent property prices with Zoopla reporting a rise of as much as 13.1% in 2014 alone.’

So states Harrison Sellars Associates: http://harrisonsellarsassociates.com/2015/10/07/croydon-13-1-capital-growth-in-2014-residential-rental-investments-new-build-development-opportunities-available

Meanwhile if you can afford it from 31 October you will soon be able to choose to live in The Quarters, the transformed former Home Office St Anne’s House. Designer homes ‘targeted at residents seeking a metropolitan lifestyle’.  are being brought to the market later this month.

http://www.developcroydon.com/News/Archive/2498/07-10-2015/The-Quarters-luxury-apartments-to-go-on-sale#sthash.YBC39abV.itwXSweI.dpuf

Cameron Promises End To Developers Building Social Housing

Croydon could become even more profitable if Prime Minister David Cameron implements his promise to free developers from providing so-called ‘affordable’ social homes. This has criticised by Croydon Housing Cabinet member Alison Butler.

For analysis of Cameron’s announcement see http://www.independent.co.uk/news/uk/politics/david-cameron-s-new-housing-policy-helps-the-rich-at-the-expense-of-the-poor-a6684146.html

Council’s College Green Area Plans

Caught unawares by the announcement the Council is boasting about the fact that its new plans for Croydon College and Fairfield Halls on College Green to create what it claims to be one of London’s leading cultural and educational destinations., will be alongside ‘the construction of hundreds of new homes of a mix of tenures.’   http://news.croydon.gov.uk/council-announces-plans-for-a-new-college-and-transformed-fairfield-halls-turning-the-town-into-a-world-class-cultural-and-educational-destination

Town Centre Building Chaos From 2016

But before the Town Centre becomes effectively a fortress ghetto for the better off with heavy ‘policing’ by Town Centre wardens it will go through at least 4 years of major building works chaos with the demolition of the Whitgift Centre and the building of Westfield South shopping Centre, the College Green Area, and other developments. It will include the closure of Fairfield Halls. Inside Croydon has raised concerns about the chaos.

http://insidecroydon.com/2015/10/07/get-your-hard-hat-on-central-croydon-is-about-to-be-closed 

Hammerson Seeks Prestigious Retailers

Meanwhile potential investors have been shown how Croydon will be transformed by 2020 as Hammerson and Westfield seek to attract prestigious retailers to the town.

http://www.croydonadvertiser.co.uk/Investors-shown-Croydon-transformed/story-27945944-detail/story.html#ixzz3oCYYsnTz 

Shopping Centres Need Well Paid Customers

Paul Dennis argues the case for well-paid workers workers:

http://thecroydoncitizen.com/politics-society/danger-dormitory

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About seancreighton1947

Since moving to Norbury in July 2011 I have been active on local economy issues with Croydon TUC and Croydon Assembly, and am a member of the latter's Environment Forum. I am a member of the 5 Norbury Residents Associations Joint Planning Committee, and a Governor of Norbury Manor Primary School. I write for Croydon Citizen at http://thecroydoncitizen.com. I co-ordinate the Samuel Coleridge-Taylor and Croydon Radical History Networks and advise the North East People's History Project.. I give history talks and lead history walks. I retired in 2012 having worked in the community/voluntary sector and on heritage projects. My history interests include labour movement, mutuality, Black British, slavery & abolition, Edwardian roller skating and the social and political use of music and song. I have a particular interest in the histories of Battersea and Wandsworth, Croydon and Lambeth. I have a publishing imprint History & Social Action Publications.
This entry was posted in Cameron, College Green Plans, Prestigious retailers, Residental investment, St Anne's House, The Quarters, Town Centre Chaos, well paid customers. Bookmark the permalink.

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