To unravel the hysterics lets just go back to basics.
Planning consents for developments over 100 square meters attract Community Infrastructure levy’s , Tower hamlets had released a revised charging rate up from 2015’s £200 per sqm to £280 per sq m, the charge is not a new thing and the potential increase is also effected by planning guidance on application of the charges weighed against the Affordable housing and other social and commercial benefits any particular Scheme offers to the community in which it is proposed.
among those D1 uses that are viability tested. A nil rate can be applied if the viability evidence indicates this is appropriate. Local planning authorities should be made aware of the considerable public investment in community infrastructure that a school represents. https://viability-comparison-tool.netlify.app/ Approved by Mayor https://planning.southwark. https://planning.southwark. https://planning.southwark.
7) Informatives: 1. S106 agreement It should be noted that there is a separate legal agreement which relates to the development for which this permission is granted. 6. CIL phasing - this planning permission is as a ‘Phased Planning Permission’ for the purposes of the CIL Regulations 2010 (as amended). ‘Phased Planning Permission’ has the meaning defined in the interpretation section of the Regulations at 2(1). Regulation 9(4) of the CIL Regulations 2010 (as amended) states that in the case of a grant of Phased Planning Permission, each CIL Phase of the development is a separate chargeable 33 development and will in turn attract its own CIL Liability. Notwithstanding the Phasing Plans referred to in Condition 52, The CIL Phases are to be defined by a separate CIL Phasing Plan submitted to the Local Planning Authority. This is a build to rent scheme owned by Grosvenor, What is intriguing is this Alpha software being developed by the local authorities, Bermondsey Project Local Authority: Southwark Date submitted: 2019-01-10 Application reference: VA 17/AP/4088 Habitable rooms: 2705 Residential units: 1343 Affordable housing: 32% Commercial Area: 19,579m² Developer profit (% of GDV): 13% Max number of storeys: 36 GDV: £936,705,001 Construction Costs: £455,301,516 Professional Fees (% of construction costs): 11% Marketing and letting Fees (% of construction costs): 1% Finance: £81,474,151