PLANS for a £330 million finance centre on the Waterfront have been backed by the States

Yesterday Members approved by 40 votes to six the planning part of the proposal, which seeks to lower Route de la Libération between Gloucester Street and Liberty Wharf and build a grid-style development of office blocks, shops, a car park and a winter garden over the road and the Esplanade car park.

The States will make between £50 million and £75 million out of the deal, and developers Harcourt will pay to lower the road at an estimated cost of £45 million.

This morning an attempt at a reference back over claims of alleged civil court cases involving Irish-based-developers Harcourt was unsuccessful and the House went onto approve the terms of the deal by 37 votes to five, with one abstention.