And it is understood that negotiation about how the work will be done and paid for is taking place this week between WEB and developers Harcourt. The board have softened their position on the sinking of the road, which they initially greeted cautiously, and while he would not confirm that the talks with Harcourt were taking place, WEB chairman Gerald Voisin said they now supported the project. If the project gets planning approval and goes ahead, the work would increase the developable space above the road from two to three million square feet but could take several years and cause huge disruption. When the idea of lowering the road from Gloucester Street to beyond the underpass was first raised by London firm Hopkins Architects, Environment Minister Freddie Cohen said it could add enough development space to make another £50m, although the work would cost £25m. It would also join the waterfront to the older part of town seamlessly.
Jersey Evening Post
