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Subject: Is there any truth in the rumour...


Author:
Henry VIII
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Date Posted: 02:00:13 10/06/08 Mon

the Grand Ocean development has stopped and will soon be handed over for "social housing"
Does anyone know?

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[> Subject: Re: Is there any truth in the rumour...


Author:
Jefff
[Edit]

Date Posted: 07:16:42 10/06/08 Mon

No!

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[> [> Subject: Re: Is there any truth in the rumour...


Author:
Jefff
[Edit]

Date Posted: 07:22:04 10/06/08 Mon

Following quote is from a recent Argus article:

'The first phase of the development, a new building separate from the hotel, is due to be handed to housing association Hyde on October 17 ready for social housing tenants to move in.

Almost 40% of the development has been allocated as affordable housing while the rest will be sold as private housing.

Mr Pickering said: “We’re 12% sold (of the private housing) but just to confirm how committed we are, I’m one of those purchasers.'

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[> [> [> Subject: Re: Is there any truth in the rumour...


Author:
Joe
[Edit]

Date Posted: 13:45:09 10/15/08 Wed

I will be surprised if this (Ocean Hotel) project meets with any sort of success in the current property market.

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[> [> [> [> Subject: Re: Is there any truth in the rumour...


Author:
Henry
[Edit]

Date Posted: 09:22:12 10/16/08 Thu

so has work actually stopped? I see the directors of the construction company have committed to buying some of the flats, anyone else?

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