Land Sees Refuses To Pay Crossrail Tax On Walkie-talkie

摘要

Land Securities has upped the ante in the deepening row between the Greater London Authority and developers over the planning levy demanded to pay for Crossrail.rnA spokesperson for the developer said it was refusing to pay the charge - based on ￡213.30/m2 of office floor space -on its 38-storey Walkie-Talkie tower in the City until the levy became an official part of London planning rules.rnThis means the tower will notrnget planning approval before the law is enacted in spring 2010, unless the GLA backs down. The spokesperson added that it was not negotiating with the GLA to pay a proportion of the charge. Land Securities has already said it has no plans to build the tower until the market improves.rnAs part of the stage one planning referral published last week, the GLA's planning decisions unit said the Walkie-Talkie development was "required to make a [￡ 1.45m] contribution based on this uplift towards Crossrail".rnThe Land Sees spokesperson said: "We are aware that numbers are being bandied about but... there's currently no legislation on the agreement, what it would be or how it would be applied."