Town Centre not an Asset of Community Value

The Council has decided not to register Walthamstow Town Centre as an Asset of Community Value - no surprise there as they want to fell 81 mature trees and allow the open space to be reduced by 32% to enable Capital and Regional and Mount Anvil to destroy the Town Centre by 7 years of building works and the construction of 29 storey tower blocks just to balance the Council's budget.

Dear Sir,
ASSETS OF COMMUNITY VALUE (ENGLAND) REGULATIONS 2012
Town Square, Selborne Walk, Walthamstow, London E17

I am writing to confirm the outcome of the Council’s decision regarding the above. This follows the nomination application which was received on 29/07/2018.

Having considered the nomination submitted by The Waltham Forest Civic Society as nominee, the Council has categorised this nomination as unsuccessful. The reasons for the Council’s decision were:
The proposals in relation to the Town Square involve the extensive re-landscaping of the Town Square space in order to improve the function of the space relative to the Mall to which it leads. The existing Square measures approximately 13 940 sqm in area. In line with the approved planning permission under file reference 171355, 4,437 sq.m of the Square will be built over as a result of the extension of the Mall. This equates to approximately 32% of the land within the Town Square which will no longer be in use as open space and there is therefore no realistic chance of the current use continuing in relation to that part of the land.

Accordingly the Council has concluded that it cannot be considered realistic to think that the whole of the land subject to the above nomination can continue to be used in a way that will further the social wellbeing or social interest of the local community.

Consequently the Council will now add this nomination to the List of Unsuccessful Community Nominations for a period of five years. This list is
available to view on the Council’s website by searching under Assets of
Community Value.
Yours sincerely,
Jane Custance
Director of Strategic Planning and Development