A slicker City

Article Abstract:

The residential property market in centre and on the outskirts of the City of London, England, is increasing in popularity, with some renovation and conversion schemes in progress. Residential property in the area has increased in cost by 37% between 1995-97. A development on the City Quay site has sold 85% of the 123 completed flats. Whilst in a second development 258 flats were sold before completion. The developers, Barratt, plans to start a 70 million pounds sterling project to build 650 homes at Brunswick Wharf. Demand for residential property comes from foreign and UK purchasers.

Real Estate, Real Estate and Rental and Leasing, Single Family Housing Construction, Single-family housing construction, 1-Family Housing, Residential construction, Supply and demand, Housing, London, England, Real property, Single family housing

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Reflected glory

Article Abstract:

Local agents have suggested office developers may lose out if they do not take advantage of the chance to build in Salford Quays, Manchester, England. The area has suffered from a poor reputation for criminal activity which has been addressed. Several leisure developments may go ahead, such as Peel Holdings plan to invest 8 million pounds sterling on a Britannia Village Heritage Park. The Lowry Centre should be competed by 2000, at a cost of 127 million pounds sterling. A new hotel is planned on Waterfront 2000. Some new housing development is also under construction.

Buildings and facilities, Manchester, England

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Essex appeal

Article Abstract:

A campaign to encourage businesses to move into Essex, England, has been initiated by the local authorities, to counter the sometimes negative view of the area. The scheme is led by the Essex Investment Office who have also published a periodical about business life in the 14 districts that make up county. Essex has good availability of workers, cheap land and low rents. Some new development work has already been planned, such as two business areas at Chelmsford and improvements to the A13 road, which will cost 146 million pounds sterling.

Management, Essex, England, Industrial promotion

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