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General   (General discussion, talk about anything.)

Started by: Tommy Two Stroke (15539)

Surfer Tom

No, the tories haven't sold the land they have acquired for HS2 to investors, but it will be sold n the future, because the Department of Transport has said that they won't 'protect' the route by keeping hold of the land acquired for HS2, so that at some time in the future the project could be resurrected, and when the land is released, it is only companies such has Peel Holdings, which own the Manchester Ship Canal and lots of land on either side of the canal, and they own the Trafford Centre, it is only firms of that size which will be able to afford the massive amounts of money which will be required to buy the HS2 land.

Peel Holdings bought the Pemberton (blundells) Collieries site in Highfield, about 20 yrs ago and spent 10yrs making the land safe to be built on, and at the moment they are on with a massive phase of the Pemberton Collieries development, with lots of houses being built and a link road.

Replied: 5th Oct 2023 at 21:50

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