Latest news with #LealesYard
BBC News
16-07-2025
- Business
- BBC News
States to buy Leale's Yard for £4.5m, Policy & Resources says
The States of Guernsey is set to buy the Leale's Yard site on The Bridge for £4.5m, the island's top political committee has this year, the States pulled out of a deal to spend about £35m on the project to support the Channel Islands Co-Op and developer Omnibus with the scheme. Omnibus had planned to build more than 300 new homes on the site, with outline planning permission for the project granted in her first speech to the States, Policy and Resources President Lindsay de Sausmarez said: "This site is essential in terms of its strategic importance." De Sausmarez stressed the importance of an improved traffic network in the area to facilitate the building of new housing. "The first priority is to improve the transport network in the area, both around and through the site, as that's crucial for its long-term success in addressing the traffic impact," she said."We are very keen to deliver the best mix of housing that the island needs, alongside other aspects that will support the regeneration of The Bridge, and won't waste any time in moving this forward." Channel Islands Co-Op chief executive Marc Cox welcomed the decision."We are delighted to have reached an agreement with the States of Guernsey for them to purchase the substantial part of the Leale's Yard site," he said. "This agreement will enable the Co-op to focus on our core business, free of the distractions that a complex property development like Leale's Yard entails."The agreement will also see the States free to progress the delivery of much-needed new homes and employment opportunities for the island of Guernsey."
BBC News
07-07-2025
- Business
- BBC News
Construction hopes of hundreds of Guernsey homes
The president of Guernsey's new housing committee wants to get spades in the ground and hundreds of homes under construction within his first Guernsey Housing Association CEO, Deputy Steve Williams, was elected as the president of the Committee for to BBC Radio Guernsey, Williams said he was keen to make progress on a number of projects, including Leale's deputy did not rule out penalising owners of derelict buildings who were reluctant to build. He added "it's sad to see derelict properties doing nothing when there are people desperate for accommodation". In his election speech, the deputy talked about potentially being more coercive towards landowners who were reluctant to develop on their area which had been zoned for housing by using a punitive derelict land said: "There are a number of sites, in particular some derelict hotels... that have been stood around empty, doing nothing."But if they [owners] are reluctant to do that even when we are trying to offer them help then maybe we'll have to be a bit more coercive in trying to force them into getting something done with that site and get it back into the market."Williams said there was "a balancing act" with planning and added "we're trying to produce homes as well as preserving the beauty of the island". The deputy said he would like to have a "deal concluded with Leale's Yard and the work progressing on that"."I would like to see at least several hundred homes under construction. We need to see construction on the go by a year's time," he added.
