Docklands casino planned
Sunday 19 January 1997
Since 1968, when the Krays and other criminal gangs were still active and the Gaming Act became law, the "permitted area" for casinos in the capital has been confined mainly to the West End.
The building, opposite Canary Wharf and formerly called South Quay Tower, was mothballed during the worst of the recession and, at the time of the bombing, in which two people were killed, was still an incomplete shell. The damage to it is now being repaired and, as part of a 350,000- square foot commercial/residential complex with a projected value on completion of more than pounds 50m, it has been renamed Canary View.
The developer of the site - Jemstock, an associate company of Capital & Provident Management - was granted planning consent for a casino by the local authority, the London Docklands Development Corporation, shortly after Christmas.
The results of the Home Office's secondary stage of consultation are due to be published at the end of this month. Providing there is time for the process to complete its parliamentary schedule, and there is all- party agreement before the general election, the way should then be open for the operator of the casino to apply to the Gaming Board and seek a licence from a local magistrate.
According to Savill's, the appointed international selling agent, the casino could be open by the end of the year. The firm emphasises, however, that the gaming aspect is "just one element" of a package consisting mainly of a four-to-five star, 265-bedroom hotel. If sold on lease as a shell, the asking price would be pounds 13m plus.
"For this reason," Savill's says, "we've been aiming at the hotel and not the gaming industry, and have approached all the major operators. There's been a lot of interest but it's too soon yet for negotiations to be advanced with anyone."
- 1 Michelle Rodriguez: Fast & Furious actor apologises after telling 'minorities' to stop taking on 'white' roles
- 2 Raif Badawi, the Saudi Arabian blogger sentenced to 1,000 lashes, may now face the death penalty
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 Robert Mugabe eats a zoo for 'obscene' 91st birthday party
- 5 The remarkable archaeological underwater discovery that could open up a new chapter in the study of European and British prehistory
Michelle Rodriguez: Fast & Furious actor apologises after telling 'minorities' to stop taking on 'white' roles
British are sexually uptight, dirty and drink too much – according to Spanish book
Raif Badawi, the Saudi Arabian blogger sentenced to 1,000 lashes, may now face the death penalty
PornHub turns masturbation into energy in bid to save the planet
White and gold or blue and black – what colour is the dress? An eyewitness gives a definitive answer
New theory could prove how life began and disprove God
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Ukip would cut billions from Scottish budget to fund English tax cuts
Russia's roadmap for annexing eastern Ukraine 'leaked from Vladimir Putin's office'
iJobs Money & Business
£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...
£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...
£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...
£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...