Croydon Council said today it would not contest an appeal lodged by Stanhope and Schroders over non-determination of its planning application to redevelop part of the controversial Croydon Gateway site.
In December 2006 Stanhope and Schroders’ Croydon Gateway Limited Partnership submitted an application for a residential-led scheme to the north of Lansdowne Road.
The Council said it had not had time to determine the planning application as there were some unresolved matters but it was ‘not in the public interest’ to contest the non-determination appeal lodged in February.
A spokesman for Stanhope and Schroders said the decision meant that its planning permission for the entire site was in place "We are very happy with this decision and we hope that what this will mean is that we can engage with Croydon Council on a site that can be delivered."
Source Property Week.
This of course means that if Arrowcroft and the Council were to win the CPO, the price that they would have to pay for the site with planning permission would most as likely be out of their reach.