is worth £320m according to the forthcoming Sunday Times Rich List Bollocks 2013 it was £317m 2012 it was £417 2011 it was £217 2010 it was £650m a 50% increase in turnover since 2010 now an now £200m a year (extimated turnover by 2018 will be £500m) minus expenditure the wealth should be more like £500m by now (someone is telling porkies)
These rich lists may have some logic with assets but with controlled companies it's very difficult to value. If profits halve one year does it mean the value of the shares reduce by 50%? They hardly ever take notice of borrowings despite a lot of people taking out loans secured on shares in one business to invest in other businesses - eg. Allam Marine and Hull City
He's just given £7million to Hull York Medical School to build a new HQ in Hull. http://www.hulldailymail.co.uk/Asse...dical-School/story-21055274-detail/story.html
And the backward HCC refused him permission to convert an old disused factory on Canon Street into luxury flats. Of course the old factory which is an eyesore and hasn't been in use for a good 20 years is beneficial to the area ? Where as why on earth would you want to have luxury, or even just bog standard living accommodation in the area where people would actually live and spend money in the area therefore creating jobs ? It just doesn't make sense.
Shame there are not more wealthy men who don't follow suit. Let's hope though, that no one feels beholden to him to do as he wishes regardless.
Plans for two residential schemes in Hull, put forward by the company owned by Hull City FC chairman Assem Allam, have been rejected by councillors. Allam Developments had applied to build 78 properties at Bridlington Avenue and Cannon Street, while it hoped to convert the former Rosedowns factory in Cannon Street into 26 apartments. But both schemes were refused planning permission by councillors. In a planning document recommending the refusal of the first scheme, planners said the proposal has "many positive elements" but it had not been "adequately demonstrated" that noise from nearby industrial premises would not cause disturbance to occupiers of the proposed houses. The report added that the scheme failed to make provision for on-site open space or for the creation of new area of green space. The second apartment scheme on Cannon Street was also refused because noise concerns.
Thought there was preservation order on that place (old Rosedowns factory?) due to historic construction methods used (ferro-concrete)? (removes anorak)
Yep, additional information requested in support of the application wasn't provided by the applicant, but that was for the new buildings, not the factory. That's different to it being rejected out of hand by the Council, who were left with no choice. I looked on the planning portal to check at the time.
I'm not sure what limitations there are, but I think it's the first of it's kind. Hennebeck or something? Googled, it's Hennebique.
The problem with the proposed development, was that it's in the middle of an industrial estate and wasn't considered suitable for a residential development. They weren't luxury flats, who'd buy a luxury flat in the middle of an industrial estate.
I think it effectively being two developments confuses the issue. I think the flats themselves would have gone through but I'm guessing the new builds were funding it all.
Am I right in thinking it's a part of Rosedowns - a unique example of some industrial building, and that's the part that's listed? And the newbuild is sited on the other (not listed) parts of Rosedowns?
