Ben Stapleton frames the shot with his hands like a movie director, sharing his vision of a junkyard he’s trying to sell for $3.5 million. He sees artist workspaces, retail shops and apartments with Los Angeles skyline views, steps from a riverfront oasis.
Lorenzo Dorsett, a former Arsenal Football Club youth team soccer player, spent more than three years in prison for drug possession. Today he works as a painter and decorator in London, where a building boom is creating jobs that benefit more than just the economy.
Carlyle Group LP, the second-biggest private-equity firm by assets, is seeking a venture partner to help fund the development of a 5.3-acre (2.1-hectare) land plot on the south bank of the River Thames.
Canary Wharf Group Plc and Qatar’s sovereign-wealth fund won approval from Communities Secretary Eric Pickles to build almost 900 homes and about 75,000 square meters (800,000 square feet) of offices at Royal Dutch Shell Plc’s London headquarters on the banks of the River Thames.
Home prices around the Canary Wharf financial district climbed at the fastest pace in London in the 12 months through April as hiring by banks increased demand for housing in and around the city’s financial districts.
Ballymore Properties Holdings Ltd., the developer of the new U.S. embassy in London, is seeking a venture partner to finance and develop about 3,000 homes, leisure facilities and offices on three plots in London.