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Feltham Lakes – Concorde Village fiasco hits the headlines

Green Belt housing scheme promoted by footballers leaves investors in the red

Investors from the Far East have been left without a penny gain in four years after putting money into a “get rich quick” property scheme promoted by two former England football players.

By David Hencke – Telegraph.co.uk
Published: 9:00PM GMT 13 Mar 2010

A marketing campaign fronted by Bryan Robson, the former England captain, and Steve McMahon promised a 250 per cent return in three years if a gravel pit near Heathrow airport was developed for housing and leisure.

However, the site is on green belt land where housing development is banned.

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While Profitable Group, the Singapore-based property company behind the scheme, has made at least £47 million from the deal, nothing has yet materialised at the site – not even a planning application to build a single house.

The two former footballers, now living in the Far East, used their celebrity status to market the scheme on television across south-east Asia in 2006.

Profitable changed the name of the tract of land from Lower Feltham Lakes to Concorde Village for the purposes of the marketing drive.

But no development can take place unless a planning inspector can be persuaded to overrule the site’s green belt status against the wishes of Hounslow council, the local planning authority, which firmly opposes building there.

A spokesman for the council said: “We would only develop green belt land if there were very special reasons. We see no special reasons for doing so on this site.”

Profitable, of which Mr McMahon is commercial director, has bought four sites in Britain for a few million pounds and divided them into thousands of tiny plots which have been offered to investors, bringing in tens of millions for the company.

The Feltham site was bought from Taylor Woodrow (now Taylor Wimpey) for £3.2 million, then resold in small plots at £8,000 to £13,000 each to overseas investors, a practice known as “landbanking”.

The sales raised something between £50 million and £55 million. Investors will realise the cash when and if the land is redeveloped.

To try to develop the Feltham site, the company has now brought in two British lobbying and consulting firms to market the scheme and draw up plans for the development.

Chelgate, a Westminster lobbying company, has sought to counter the council’s opposition by devising a public consultation procedure, including the staging of an exhibition with five different ideas to develop the site for housing and leisure, to which 5,500 households were invited.

Chelgate’s deputy chairman is Nick Wood-Dow, an adviser to David Cameron and deputy chairman of the Conservative party’s environment council.

The other company working for Profitable is DLP Planning in Sheffield, which is seeking to make changes to a London-wide land-use plan in a move that would increase Hounslow’s housing target, forcing the borough to accept more new homes within its borders. However, the final plan will not be drawn up until 2012.

Mr Robson told The Sunday Telegraph: “I was paid to do a commercial TV advert to be shown on Singapore TV five years ago for Profitable Plots.

“I have not done anything for them since and I was unaware of any controversy over development of the land.”

Profitable declined to take questions and instead asked Chelgate and DLP Planning to reply on its behalf. Chelgate confirmed that a television campaign featuring the footballers had been used to promote the deal. The advertisement is still on Profitable’s website.

A Chelgate spokesman said: “Circulation of a TV advertisement showing land at Feltham… as offering an estimated return of 250 per cent in three years, was aired for a short period in 2006… such advertising has long since been withdrawn. Investments have been sold on a minimum 7 to 10-year horizon.”

Chelgate also said the company would repay anybody who wanted to drop out of the scheme. Its spokesman added: “No investors in the Lower Feltham land have exercised their right to sell.”

Link to original Telegraph Article

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High Court Legal battle against Heathrow expansion launched by Green Groups

Legal papers have been lodged at High Court by coalition representing millions
April 2009

Leading green groups, together with local councils and residents’ groups, today launched a legal challenge against the government’s controversial decision to expand Heathrow airport.

The thirteen organisations backing the challenge – representing millions of people – will argue that the consultation process was flawed and that the decision was irrational.

Lawyers representing the coalition argue that a third runway means that the UK risks breaching legal limits on noise and air pollution, that it will seriously undermine our climate change targets and that the costs of the project have not been properly assessed and will not benefit the economy.

Greenpeace, WWF-UK, RSPB and CPRE will claim that expanding Heathrow will massively increase carbon emissions and that this is completely incompatible with the urgent need to tackle climate change.

Lodging the documents at the High Court is the first step in a process which is expected to lead to a Judicial Review of the government’s decision on Heathrow.

If the challenge is successful, the decision would be quashed and the government would have to re-run the consultation. If the Court agrees that the decision was irrational then the government may also be forced to review its entire aviation policy, which supports expanding nearly thirty airports across the country.

Greenpeace Executive Director, John Sauven said:

“The government’s decision to expand Heathrow is completely at odds with the urgent need to slash emissions and stop runaway climate change. This is why we are launching a legal challenge.

“Brown and Hoon know that the sums on Heathrow don’t add up. That’s why, at the last minute, they knocked together a handful of half-baked proposals in an attempt to ‘green’ the runway.

“But however much the government try to dress this decision up, the simple fact is that this runway can not be built if it is serious about tackling climate change.”

David Norman, Director of Campaigns at WWF-UK said:

“The decision to allow a third runway at Heathrow blows the chances of setting the UK onto a low carbon pathway completely out of the water. If the targets set in the Climate Change Act are to be meaningful, the government must stop adopting policies that undermine them.

“Nor does it make sense financially – why expand a carbon intensive industry such as aviation, which will make it incredibly difficult and expensive for the UK to meet the government’s carbon targets – when there are green alternatives such as video conferencing and high speed rail available instead? Every other part of the economy will have to cover the carbon costs created by a third runway.”

Dr Mark Avery, the RSPB’s Director of Conservation, said:

“The RSPB believes climate change to be the biggest threat to life on Earth. We are already starting to see its impacts on wildlife here in the UK, including catastrophic declines among seabirds in parts of the North Sea.

“Against this backdrop, the decision to build a third runway at Heathrow is perverse.  We are not opposed to flying, and indeed recognise that for many people international travel is a vital part of their life and work.  But encouraging a massive increase in flights, just at the time when we need to reduce our emissions dramatically, shows a reckless disregard for the well-being of our planet, and our future.”

Shaun Spiers, Chief Executive of the Campaign to Protect Rural England said:

“Britain’s aviation policy is badly out of date and lacks democratic legitimacy.  It takes very little account of the urgency of climate change or the impact on people’s quality of life of ever more noisy flights and car journeys to airports.

“The decision on the third runway was stitched up behind closed doors, and the Government seems less and less prepared to subject its decisions on aviation to proper public scrutiny.   Aviation policy has become so democratically challenged that a legal challenge is the only way for groups like us to influence it.”

ENDS

Contact details:

On behalf of green groups:

Greenpeace press office

T: 0207 865 8255

On behalf of all councils:

Emma Marsh, London Borough of Hillingdon

T: 01895 556064/ 07780 913334

E: emarsh@hillingdon.gov.uk

On behalf of local residents

Geraldine Nicholson

T: 07710 523369/ 01895 556903

Notes to Editors:

1.)    Six local authorities in West London (Hammersmith and Fulham, Hounslow, Hillingdon, Kensington and Chelsea, Richmond upon Thames, Wandsworth and Windsor & Maidenhead) are claimants to the challenge, the local residents group (NOTrag) and the national campaigning group against airport expansion HACAN.

2.)    In February 2007, Greenpeace won a Judicial Review against the government’s energy review, which backed a new generation of nuclear power stations. As a result the government was forced to run the public consultation for a second time.

3.)    If a third runway at Heathrow airport goes ahead, the airport will become the single largest emitter of carbon dioxide in the UK. Unrestrained airport expansion will make it impossible for the UK to play its part in tackling climate change. The Government has committed the UK to cuts of at least 80% in CO2 emissions by 2050. Research from the respected Tyndall Centre shows that if the industry is allowed to expand as predicted, aviation alone would destroy any hope of hitting this target.

4.)    Aviation emissions do more damage to the climate because they are released at altitude. Scientists multiply aviation emissions (which include other harmful gases not just CO2) by between 2 and 3 to calculate their increased climate impact – a phenomenon know as ‘radiative forcing’.

5.)    The government has also set a new target to reduce aviation emissions to 2005 levels by 2050. Currently, the Department for Transport forecasts that aviation will emit 59.9 MtCO2 by 2050. This new target means that the industry must now halve their emissions to 37.5 MtCO2. The government argues that these reductions can be achieved by advances in technology that make aero planes more efficient. However, this is based entirely on data provided by the aviation industry and has not been subject to independent review and was not consulted on.

6.)    Historically small increases in the efficiency of planes have been overwhelmed by an unrestrained growth in flights. There is no evidence to suggest that this will not be the case in the future if action is not taken to constrain expansion. The Royal Commission on Environmental Pollution found that the industry’s targets are ‘clearly aspirations rather than projections’ and there are some basic technological restraints that make major improvements impossible to imagine.

7.)    The decision on Heathrow is underpinned by the government’s aviation policy, set out in the 2003 Aviation White Paper, which in principle supports airport expansion in the UK. The climate science has changed significantly since 2003, as has the policy context and law – notably the Climate Change Act 2008.

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