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Old 23rd Sep 2012, 08:14
  #898 (permalink)  
Monkton3
 
Join Date: Sep 2012
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PIK's 2nd runway reprieved

Infratil's naked attempt at asset stripping PIK by selling off the second runway and surrounding farmland has been comprehensively rejected by planners at South Ayrshire Council. Their plans included 2000+ houses,
an industrial area, leisure facilities and a hotel.

Multiple reasons for rejection included incongruous development, road traffic issues, loss of prime agricultural land, environmental concerns, loss of amenity oh and a fact which became blindingly obvious this week - that the site is a low lying flood plain.

Despite Infratil's disastrous tenure at both PIK and MSE it is reported in 'The Telegraph' today that they now intend to bid for Stansted.
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