Tuesday’s meeting of the Planning Committee, which I wrote about here, has received extensive coverage, both in the trade press and London papers.
The Committee reviewed government plans to allow offices large and small to be converted into housing almost overnight without any planning permission. We explored the impact of this policy on London, where the high value of residential will place uniquely high level of pressure on owners to convert, and learnt of the severe threat posed to employment space of all types.
The issue had already caught the notice of some corners of the media, particularly in respect of the threat to Tech City, but this barrage of coverage may signal that the wider business community is waking up to the threat posed by change of use. The Committee heard that central London could lose up to a quarter of its offices.
Evening Standard – Town halls attack ‘offices into homes’ plan
CityAM – One quarter of London office space at risk under new rules