Tuesday, March 3

Grainger downgrades Waterlooville MDA

The local paper has reported that Grainger is now going to build 180 homes on the farm land near Waterlooville, instead of the 1,500 or so they planned.

However this may not be as good as it first seems. Firstly they seem to state that this smaller scale project is purely while the market is in such a poor state, or in other words when it picks up, they will build more homes.

The other issue is that the smaller number of homes means that the 'public' buildings and infrastructure won't be built and any development will now be piecemeal.

But on the positive side, by the time the market does pick up (we are in a depression, don't delude yourself that this is a little recession!), the environmental standards for building will be much higher. So hopefully if the 1,500 homes are built eventually, then they will be of a higher eco standard.

All in all though, it would be best if the land remained green.

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