King's Cross Railway Lands Group (KXRLG)
Land use, jobs and residential mix
Note by the King's Cross Railway Lands Group July 2004
Argent St George have applied to develop 24% more than the total land that is available. This does not mean that they will do so. They have applied for the maximum they would like to be able to develop in each category of use knowing that they will not do so because they have to be able to respond to changing market forces in different ways so they need options: the figures are therefore "up to" figures. These are the figures in the left hand column.
Although they have applied to develop 820,700 square metres it will only be possible for them to develop a maximum of 718,275 square metres above ground, i.e. that is the upper limit they propose in their application for the total amount of building.
The middle column above gives a percentage for each use of the total figure they have applied for.
The right hand column applies those percentages to the actual space available to be developed and gives (roughly) the figures that would result.
The floorspace figure of 718,275 square metres include the re-erected gasholder triplet; the Great Northern Hotel, the German Gymnasium, the southern Stanley Building, the Fish and Coal Offices and Wharf Road arches, the Granary Building with its east and west transit sheds, the Midland Goods Shed and Handyside canopies, Regeneration House, the eastern and western coal drops.
Argent St George has also applied to develop 83,500 sq metres of new basement space which would be used for plant such as power supplies, for storage and for parking. This is over and above the 718,275 square metres above ground.
BUSINESS USES AND JOBS/EMPLOYMENT
The first figures are those quoted by Argent St George; in those that follow KXRLG take these as a baseline to work out comparative numbers of jobs relative to the space that would be required to accommodate them. It works out at 16.2 square metres per job.
RESIDENTIAL MIX in Argent St George's Development Specification
First 1,600 units:
Camden and Islington's Joint Planning Brief for the site calls for 1,800 residential units. An additional 200 units after Argent's initial 1,600 gives figures of:
If the maximum figure of homes Argent St George propose were built the total mix would be:
posted 30 07 04
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