PPRuNe Forums - View Single Post - DURHAM TEES VALLEY AIRPORT - 5
View Single Post
Old 28th Oct 2013, 15:58
  #3020 (permalink)  
skyman771
 
Join Date: Feb 2005
Location: NE ENGLAND
Posts: 958
Likes: 0
Received 0 Likes on 0 Posts
Winners & losers !
All this hype about Peel !, it was made clear long ago on this forum as to what their attitude is.
Basically they develop land / property, the bigger the better, that is their business plan. Having "land banks" scattered all around simply assists in this model.
The current winner (if you can call it that) is Liverpool, where Peel have bought up a significant amount of the development land going, & getting in bed with the Chinese to bankroll the projects. There are grand plans indeed to renovate the docklands. Conveniently, Peel also own & operate LPL fairly near to the new development, & predictably there is no talk of anything other than growth all around.
Now take Teesside & specifically DTV which couldn't be any more different also owned by Peel then no development, no talk of regeneration down at Tees dock to speak of, & no Chinese (though that is probably not so bad !).
Do those at LPL share the same attitude as those on this forum?, I doubt it.
One could say that it's not actually Peel at all, but is simply all down to whether geographically, the area faces out to the East or to the West
skyman771 is offline