Category Archives: Croydon Park Hotel

Chancellor is taking an axe to councils’ magic money tree

Posted on March 14, 2020 by

Croydon Council has more than £1bn of borrowings – half of which has gone on Brick by Brick and the purchase of some commercial properties. Proposals contained in the Budget this week could put an end to that, as KEN … Continue reading →

Posted in "Hammersfield", Bernard Weatherill House, Brick by Brick, Business, Centrale, Colonnades, Croydon Council, Croydon Park Hotel, Croydon parks, Jo Negrini, New Addington, Planning, Property, Queens Gardens, Simon Hall, Tony Newman, Whitgift Centre | Tagged , , , , , , , , , , , , , , , | 1 Comment

Interest hike squeezes Brick by Brick’s speculative schemes

Posted on October 15, 2019 by

The Tory government’s obstinate fixation to drive the country off a Brexit cliff-edge at the end of October is driving down the value of the pound and causing massive problems for industry. Especially in construction – which could mean very … Continue reading →

Posted in "Hammersfield", Boxpark, Brick by Brick, Business, Colm Lacey, Colonnades, Croydon Council, Croydon Park Hotel, Gavin Barwell, Housing, Jo Negrini, Planning, Tony Newman, Whitgift Centre | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

£29m: Croydon tops the table for flogging off public assets

Posted on September 11, 2019 by

With inflated claims of returns from the council’s house-builder being compared to a Ponzi scheme, a former council official says, ‘We are in uncertain times and the risks being taken with public money are huge compared to the marginal potential … Continue reading →

Posted in Brick by Brick, Business, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman | Tagged , , , , , , | 1 Comment

Schroders’ £500m Ruskin Square stalls over Westfield doubts

Posted on November 23, 2018 by

Big business is getting twitchy over the slow pace of developments in Croydon, as KEN LEE reports The agenda for the Croydon Labour group brainstorming weekend in Eastbourne this weekend is said to be “thin”. That may be deliberate to … Continue reading →

Posted in "Hammersfield", Business, Croydon Council, Croydon Park Hotel, Jo Negrini, Ruskin Square, Tony Newman, Whitgift Centre | Tagged , , , , , , , | 8 Comments

Council pays £53m to buy ‘unloved’ Colonnades centre

Posted on November 1, 2018 by

The business “brains” at Fisher’s Folly have gone out and splurged £53million of public money to buy the freehold of the “unloved” and rarely visited Colonnades retail and leisure park – just as industry experts are warning that 200 such … Continue reading →

Posted in "Hammersfield", Boxpark, Business, Centrale, Croydon Council, Croydon Park Hotel, Property, Purley Way, Simon Hall, Waddon, Whitgift Centre | Tagged , , , , , , , , , , | 11 Comments

Council paid £5m above asking price for Croydon Park Hotel

Posted on September 10, 2018 by

Under Jo “We’re Not Stupid” Negrini, Croydon Council last month paid £29.8million to buy the Croydon Park Hotel – nearly £5million more than the asking price when the property was put on the market just weeks earlier. Negrini, the council’s … Continue reading →

Posted in Business, Croydon Council, Croydon Park Hotel, Jo Negrini, Simon Hall | Tagged , , , , | 5 Comments

Don’t mention the war! Council moves into the hotel trade

Posted on August 24, 2018 by

KEN LEE, Town Hall reporter, on the council’s latest wheeze to generate a bit of spare cash by buying up a loss-making hotel The council has bought the Croydon Park Hotel, the 4-star, 55-quid a night tower that’s well-used by … Continue reading →

Posted in Business, Croydon Council, Croydon Park Hotel, Fairfield, Jo Negrini, Simon Hall, Tony Newman | Tagged , , , , , , , , , | 9 Comments