Friday, November 24, 2006

Extra 2.554 million for Kings Crescent Estate

Government announcement means refurbishment can begin immediately

The competition to pick development partners for the Kings Crescent Estate
is nearing its conclusion. At the Steering Group (which Brian chairs) on Wednesday night, it was agreed
that exhibitions of the schemes proposed by the remaining partnerships would be
available for residents to view on the 5th of December. A panel of resident
representatives will interview the builders and housing associations forming
each of the partnerships, the following day. This together with the
technical evaluations should mean that a recommendation is ready to go to
Cabinet on 29th January. The detailed regeneration plans will then be worked
through with residents and the council, to allow works to start later next
year.

However there is even better news. While most of the overall regeneration
will be funded through the new partnership, we also put in a bid for a
special London-wide fund for 2.5million to make an early start to some of
that. The Government and London Mayor announced today that this bid has been
successful - see attached letter. This means that we can begin the
refurbishment a year earlier than otherwise. The intention is to make a
start on the blocks along Brownswood Road as soon as a contract can be let.

Demolition works on the further areas to be cleared should also commence in
the new year.

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