Object
North East Cambridge Area Action Plan Issues and Options 2019
Representation ID: 33022
Received: 25/03/2019
Respondent: Orchard Street Investment Management
Agent: Turley
This approach could lead to many of the current businesses being left without a premises. While it is understood that any acquisition of property or land would be subject to a payment at market value, the lack of alternative industrial and other business premises within the City could result in the closure of and loss of employment for local residents. Any future proposals would need to ensure that existing businesses on the site that wished to continue to operate are accommodated within the future development of the Masterplan.
This approach could lead to many of the current businesses being left without a premises. While it is understood that any acquisition of property or land would be subject to a payment at market value, the lack of alternative industrial and other business premises within the City could result in the closure of and loss of employment for local residents. Any future proposals would need to ensure that existing businesses on the site that wished to continue to operate are accommodated within the future development of the Masterplan.