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The Subplot | Hot sheds, Preston plan, Manchester offices
26 Jan 2021, 09:00Comments (1)
Welcome to 
Place North West.
This week: a government decision to call in a clutch of North West warehouse planning applications could cost the regional economy more than £1.4bn in deferred economic benefits. Preston’s property future is up for grabs as the Central Lancashire Development Plan is revised. Meanwhile, Manchester’s office take-up figures may be better than you thought.
Subplot crunches the numbers.
THE £1BN-PLUS COST OF DELAY
The fate of five North West logistics schemes, totalling 6.8m sq ft, hangs in the balance. Seven months after the government called in the planning applications, and a year after some schemes first won planning permission, the delay is causing mounting frustration. New analysis suggests it also puts on hold an eye-watering £1.4bn worth of economic benefits. ....

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