Stanhope and Schroders have lodged an appeal against Croydon Council’s failure to determine its planning application for part of the controversial Croydon Gateway site.
The joint venture, Croydon Gateway Limited Partnership, first submitted an application for the Croydon Gateway Northern site on 19 December 2006 and has still not made a decision.
It is proposing to develop the Croydon Gateway Northern Site as a new building comprising 261 flats, a café, restaurant, community facilities, crèche and public realm.
The Council supports the opposite application for the overall development, put in by Arrowcroft and Frogmore Real Estate Partners.
David Camp, chief executive of Stanhope, and William Hill, director of property at Schroders, said:
‘Stanhope and Schroders already have planning permission, a fully assembled site and funding in place to commence work on the redevelopment of the Croydon Gateway main site - called Ruskin Square.
‘It is extremely frustrating to find ourselves in an appeal situation once again particularly when the development in question will deliver the much needed regeneration of a key site and additional affordable housing to Croydon in line with Council policy.’