Thursday 1 July 2010

St Modwen Are Back!

St Modwen return with new Arcade site plan

Having pulled out of a scheme to develop Walthamstow’s Arcade site with a tower containing homes, shops and community facilities St Modwen have approached the council again.

Since the council's pledge to develop the site with £30 million of taxpayers money is now dead in the water as public spending is dramatically cut, St Modwen have returned with a new “market orientated” scheme.

Council leader Chris Robbins, who ordered the site to be brought back into community use last year, said: “The council has agreed to allow St Modwen until early July to submit details of their proposals.

Watch this space for news of an entirely similar plan to blot the Walthamstow landscape.

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