Johnson may reverse high rise property policy

07 2008
Boris Johnson and his aides have signalled that they may reverse their policy of blocking further high-rise developments across London, news that is likely to be welcomed by the growing numbers of UK professionals competing for top-end rental accommodation.

Prior to beating predecessor Ken Livingstone in this year's mayoral election, Mr Johnson pledged that he would put an end to the construction of "inappropriate" high rise blocks across the capital, a policy supported by those keen to preserve the city's iconic skyline.

However, with the pressure on for local authorities to oversee the construction of more affordable rental accommodation for both students and young professionals, the London Evening Standard has revealed that one of the mayor's most senior aides has given his support to plans to build a 31-storey skyscraper in the popular east side of the capital.

This comes soon after plans to build new residential property on the site of the Battersea Power Station, though with the completion of these projects some years away, demand for top-end rental accommodation in all parts of the city looks set to remain high for some time yet. ADNFCR-1219-ID-18721297-ADNFCR

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