City A.M. 12 Dec 2011The tender to develop the Grade II-listed site, which dates back to 1888, has been narrowed to a list of three developers – one retail, one residential and one leisure – who will tomorrow make their pitches to win over the borough’s planning team.
Good luck to them. But only one proposal, says Loh Peng, the Singapore tycoon behind the leisure bid, has a “long-term commitment to sharing [the property] with the community”. Peng’s property business Unlisted Collection specialises in creating hotels in restored heritage properties, and the man who transformed Bethnal Green’s civic building into the Town Hall Hotel plans to pull off the same trick further west. Full story
