Skyscrapers 'not killed off by recession'
Published: 2010-03-04 10:02:41
Two massive multi-million pound skyscrapers have not been "credit crunched" and will go ahead despite the recession, developers insist.
(Sourced from Islington Gazette.)
More than three years have passed since Islington Council approved plans for a 26-storey and a 17-storey tower next to Regent's Canal and City Road Basin.
Critics of the 300-home development claim virtually no work has taken place on the site since the scheme was passed in 2006 - but Islington Council insists planning permission for the borough's biggest construction scheme is still valid.
Del Brenner, of waterway campaign group Regent's Network, said: "We would like to see the end of the towers.
“The Islington planners said there were some drains put in so the developers have started. I think whatever they did do is a bit minimal. There is no sign of any excavation or foundations, let alone drains."
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