That's certainly on the steep side.
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That's certainly on the steep side.
Things seem to be going a bit belly up: https://www.coventrytelegraph.net/ne...enant-18322792
The whole project was a mistake from day 1. Pure vanity to get the council a nice new tower block. The whole plan was built on thin air and lipstick promises.
Anything that O'Boyle champions, I will treat with the utmost of suspicion and disdain, until proven otherwise.
Possibly a bit of panic there, with the growing realisation that a big retailer's not going to move in in the near future.
I don't honestly think there was ever the slightest chance a big retailer would be really interested. The high street is in decline, it's Coventry. If you were a 'name' would you want to move there?
Ikea's certainly lost interest!
To me, many councils are still living in times past, rather like the CIU movement did. - And we know what happened to many CIU clubs. The parallels are quite visible, bodies that thought they know best, and are out of touch with reality.
With the CIUs. people voted with their feet and starved them of funds, hence their rapid decline. I'm not sure how it will happen with councils, but I expect their days in their current form are numbered. Hopefully, the change will come sooner rather than later.
It might be that one of the outfalls from this COVID business is a big change to the powers and funding of local councils. Rising numbers of unemployed won't exactly help their financial situation, and trying to bleed the employed to make up the deficit is likely to meet severe resistance.
And the department store will be replaced by.............nothing!
https://www.coventrytelegraph.net/ne...-city-18489132
Unless a prospective tenant had done their homework and knew what the status quo might be after all this malarky then I daresay not many want to commit themselves.
Don't you just love O'Boyle's short memory?
Plans for the redevelopment have been submitted: https://www.coventrytelegraph.net/ne...entre-19352899
Shearer Property Group! The ones that 'transformed' Cathedral Lanes, and removed the Coventry Cross monument.
SPG seem to be doing very well out of Coventry without investing a lot of their own money.
£630,000 is a hell of a lot of money to buy a shop out of a lease; your favourite councillor is involved, Rebbonk: https://www.coventrytelegraph.net/ne...ayers-19417850
They are behind with the rent which should never have been allowed to happen as the company is doing very well at the moment.
However...
This was all known at the outset and should have been costed in. This reeks of incompetence and if I was of a suspicious nature I'd think it stinks to high Heaven.
Sadly, if you put a red rose on a pig it'd get elected in Coventry. Plenty complain about the council, but few are prepared to vote the shower that have taken up residence, out.
Another well managed project: https://www.coventrytelegraph.net/ne...entry-19776876
Drunken nights in breweries spring to mind.