Heysham_Shrimp wrote:I understand that Christie Park has already been sold and that work on the new stadium is to commence around March and be ready by July 2010.
Staying at Christie is not an alternative as we have to have over 2,000 covered seats by May 2010.
Heysham_Shrimp wrote:I understand that Christie Park has already been sold and that work on the new stadium is to commence around March and be ready by July 2010.
Staying at Christie is not an alternative as we have to have over 2,000 covered seats by May 2010.
Christies Child wrote:Heysham_Shrimp wrote:I understand that Christie Park has already been sold and that work on the new stadium is to commence around March and be ready by July 2010.
Staying at Christie is not an alternative as we have to have over 2,000 covered seats by May 2010.
I don't think selling CP has even been an issue.
Land will always be needed and in some ways if developers have got cash in the bank making sod all they will buy land as a medium to long term investment.
There are millions of acres already in land banks.
It's also a good time to build as costs of materials etc reflects the global downturn.
Buyers have never had as much power as they have today. In my industry alone, buyers can almost name their price, 'cause there is always somebody who will undertake work just to cover overheads regarding any sale as a contribution towards costs.
The Marksman wrote:Christies Child wrote:Heysham_Shrimp wrote:I understand that Christie Park has already been sold and that work on the new stadium is to commence around March and be ready by July 2010.
Staying at Christie is not an alternative as we have to have over 2,000 covered seats by May 2010.
I don't think selling CP has even been an issue.
Land will always be needed and in some ways if developers have got cash in the bank making sod all they will buy land as a medium to long term investment.
There are millions of acres already in land banks.
It's also a good time to build as costs of materials etc reflects the global downturn.
Buyers have never had as much power as they have today. In my industry alone, buyers can almost name their price, 'cause there is always somebody who will undertake work just to cover overheads regarding any sale as a contribution towards costs.
There are so many things wrong with that statement.
1) Cash in the bank is the one thing companies (especially developers) need at the moment.
2) It's not a good time to build as a) no-one is buying houses and b) retail companies are going under meaning less rentals of commercial property.
3) Why would a developer buy land if they can't even sell their stock of developed buildings and have millions of acres in land banks already?
Phoenix wrote:Does anyone think a deal has not already been done before the whole proposition was put in the public domain?
That's what I was led to believe with the deal not being dependent on getting planning permission.
P/T Indie wrote:Phoenix wrote:Does anyone think a deal has not already been done before the whole proposition was put in the public domain?
That's what I was led to believe with the deal not being dependent on getting planning permission.
I still don't get that whaht building company would buy the land when they still don't know if they can get permission to build on it. It could turn out to be a complete waste of money for them.
wonder shrimp wrote:anyone who thinks that the new stadium plans won't be affected by what's going on with the collapse in property prices, bankrupty and near bankruptcy of all the main property developers and massive contraction in available credit is living in cloud cuckoo land.
wonder shrimp wrote:for me, on balance i would expect the scope of the project to be reduced and the timeframe (if possible) extended.
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