'Forest Hill Central' mothballed!

Susan Wise tonight confirmed her knowledge that Berkeley Homes have indeed 'mothballed' the Forest Hill Central site.

The cessation of work at present gives residents issues with the fact that the road is closed and there is concern that the promised work on the footpath & the railway underpass may now also not be completed. Susan is actively taking an interest in pushing this forward and believes that the company is duty bound to complete the community work within pre-agreed time lines - even if their build lays stagnant.

Susan agreed that she would update everyone at the Perry Vale Ward Assembly next month.

Go Susan!

What a real shame for Forest Hill. I can't help but feel saddened that FH was just getting its act together when the credit crunch came and bit. Long term, I truly believe that FH has a lot going for it, but in the short term, I think we may suffer just as much, if not more than other areas of the UK. For the time being, the promise (and reality) of the East London line looks like it is well out-weighed by the property crash, rising fuel & food costs and real concern about a UK recession.

Ironically, if you had the cash - it might not be a bad time to buy.