A dispute relating to the proposed new UK headquarters of Goldman Sachs has focused attention on the obstacle to development that can arise if a new structure will interfere with the light enjoyed by neighbouring properties.
Developers face many challenges when hoping to build on previously undeveloped land. The views of the local community, the protection of wildlife and the impact on existing infrastructure are just a few of the many factors that have to be considered.
It is now almost half way through the initial three year window, which allows the change of use of offices to residential as permitted development, so it is a good time to take stock of the changes.
Commercial developers and office providers need to be more responsive to the growing number of SMEs and entrepreneurs by offering flexible working spaces and less commitment.
While Manchester is top of the chart for retail space value, there is a significant north-south retail divide in terms of healthy investment location, says DTZ’s Global Head of Forecasting Fergus Hicks.
Eric Pickles rejection of the development plans for Smithfield Market means that the site's future is still uncertain and if unresolved could mean it will disappear forever.
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