St Modwen in E17 land grab

St Modwen – the company planning to overshadow Walthamstow High Street with an 18-storey tower block – is one of three developers shortlisted by Network Rail to revamp Walthamstow Central station, according to Property Week.
It’s terrible news for residents fighting overdevelopment. As if the tower block plans that St Modwen and the council have cooked up for the Arcade site weren’t bad enough, the council has long hinted that the station and its car park could be the site of another major (and highrise) development, possibly containing a hotel or conference centre. They’ve even suggested that this could be built over the top of the overground station.
This amounts to a land grab by St Modwen. Friends of Queen’s Market campaigners, who are also fighting St Modwen, believe the property developers are currently trying to get a foothold in East London. If these plans for the Arcade and the station go ahead, they will land both their big boots into Walthamstow…