Redevelopment

Make going nowhere with Noho

Make’s proposal for Noho Square (pictured), on the site of the former Middlesex Hospital in central London, looks increasingly unlikely to be realised after troubled Icelandic owner Kaupthing admitted a string of developers were looking to buy into the scheme.

Joint venture partner Christian Candy’s CPC Group exited from the scheme earlier this month in a deal also involving a separate joint development in Los Angeles.

Kaupthing real estate boss Mike Samuels insisted it was too early to tell what would happen to Make’s proposal. “We are talking to four or five [potential venture partners],” he said. “We have certainly had no discussions over whether Make is involved.”

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