Newsletter - Links - Advertise - Contact Us - Privacy
 

Platinum Point blunted

Bookmark and Share | Send to friend

October 17 2008

Platinum Point blunted
Gregor Shore, a Leith based residential developer, has emerged as the latest casualty of the credit crunch.  Bankruptcy of the developer has led to workers downing tools at Granton Anchor and Platinum Point in an evocation of the Costa’s follies.

The tide of easy credit that has lapped Leith’s shores for the past decade has receded, leaving behind the beached detritus of the boom years, an esplanade awash with cheap one and two bed flats.

Sunny optimism of past years has been replaced by a deep fog of uncertainty as ominous clouds of economic gloom now paint a very different perspective of the waterfront.


Post your comments

 

All comments are pre-moderated and
must obey our house rules.

 

Back to October 2008

Search News
Subscribe to Urban Realm Magazine
Features & Reports
For more information from the industry visit our Features & Reports section.