We'll have to wait and see what transpires, as I said I was under the impression that, as a planning condition by WMDC when it was initially granted last year, the stadium will be built first before any units.

don't take this as gospel as i am not at the inquiry, but there are often conditions imposed on planning applications where certain criteria are to be met before the building is BROUGHT INTO USE (different to built)

i think this may be a bit of confusion i.e. the stadium must be brought nto use before the warehousing units

as i did say i could be wrong as i can't see the conditions

A letter was presented at the inquiry this morning by York Court stating that the stadium will be built first. They then went on to say that should we get the nod, building would start mid 2012 and take 59 weeks. The final stipulation following a discussion relating to conditions was an agreement with Leeds Council that should the development be approved, York Court will have to apply for full planning within 4 months of the result of the Public Inquiry .

On the grounds of that, I would suggest that the stadium will be the first thing to be built, but IA/TRB/somebody more involved will probably be able to confirm that.

if lcc have opposed it, why do they want yorkcourt to "get on with it" ?

you tell me???? There is very little in this process from a LCC point of view that makes any sense anymore (if it ever did at all)... I'm struggling to understand what they actually opposed in the first place?!

I take it this is the piece that is causing the confusion.

“That as soon as is reasonably practicable following both the making of the Stadium Payment by the Council to the Trust and one hundred thousand (100,000) square metres of the B8 warehousing and distribution units permitted under the Planning Permission having been built out and occupied for commercial purposes, that it will let a contract for the construction of the stadium.”

Please note it says 'built-out' (actually should be build-out if we are being particular) not 'built'. There is a difference. Effectively YCP have estimated how much of the B8 build is needed to finance the stadium and as such need this to be pre-let and have the guarenteed contracts in place before it can commit to building the stadium. This is standard practice in these kind of deals. It doesn't mean they have to be built immediately and have companies working out of them prior to the stadium being built, just they need the commitment of other companies first.

If they already have this commitment, or will on passing of the PP, then the stadium build could start once reserved matters are passed.

Many thanks for the clarification.

so yorkcourt have to get signed up for ~1m sq ft of warehousing in order to fund newmarket? this sounds like a massive ask to me, but could be done with 1-5 big clients. does anyone know how much interest there is in this as it does sound like a tall order.

perhaps i'm being too negative, but in this economic climate, who's signing up for leases on shiny new warehouses?

I know there is one large company committed but it would be nice to know whether there are others involved. I saw a quote saying that the figure was 70% of the whole B8 development. Is that correct because that does sound a lot.

What about the "and occupied for commercial purposes" That seems pretty conclusive.

As is confirmation from the developer saying that construction of the stadium will begin in mid 2012 with a 59 week build should permission be granted. I guess the proof will be in the pudding come July next year if planning is approved.

Alf is sitting rubbing his groin regionat the possibility of this going belly up. Shame he can't put as much effort in to supporting the pie in the sky that is gh rather than looking for negatives in our scheme

It can be classed as occupied once a company has signed up for a unit. They don't necessarily have to be working out of it.

They are desperate for it to fail as they know the consequences of it succeeding and Glasshoughton not doing so. It would be the same if the boot was on the other foot.

Exactly.
We have all seen through him now. Sad really.