JDC grilled over demand for finance centre office space

Rival developers and those opposed to the project claim that a five-year-old letter, written by the managing director of the Waterfront Enterprise Board at the time, proves that States Members were told that there was a potential ‘mismatch’ of the supply and demand for top-tier office accommodation long before building work began.

In May 2011 Stephen Izatt, the head of WEB, wrote to the then Environment Minister Freddie Cohen outlining his concerns about introducing a large amount of new office space – the letter was submitted to the Corporate Services Scrutiny Panel last year by developers Dandara following a call for information relating to the finance centre project.

Debate about the controversial multi-million-pound building project continued this week during a public hearing for an appeal against one of the project’s buildings.

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