Local people backed with funds from Legal & General will propose more affordable housing plot for prime residential land in central LondonLocal residents who were branded “bourgeois nimbys” by London mayor Boris Johnson for opposing a £1bn luxury apartment complex are set to try to seize control of the development and build their own community-approved housing.
A group of people living near the Royal Mail’s Mount Pleasant sorting office occupy secured the backing of one of Britain’s biggest investors,Legal and General, and a major housing association to launch a joint bid for the land.
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Source: theguardian.com