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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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This is a great initiative by DDC
Yes they tried to sell the land but no developer was interested as they felt they could not make their desired 15-30% profit margin on the development.
The fact that DDC have decided to self-develop the land should be welcomed as it has afforded them the opportunity to come up with a modern design and deliver much needed amenity space in the form of a "pocket park". Also as DDC are not looking for a developers level of profit they can "use" that money to deliver better quality units.
This is also an opportunity for real engagement with the community around these plans and is a chance for us to impress upon DDC that this is a model we want to see more of, or perhaps real co-development with the community.
Finally it is also am opportunity for the community to have its say on the management arrangements going forward; perhaps investing in encouraging a residents association to exercise the right to manage rather than giving it to EKH (especially given their recent track record). If DDC get this right it can then be used as an exemplar for other properties/communities to take control of their housing back from EKH.
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