Henderson Global Investment’s £850m redevelopment of the St James Centre appears to be stalling over issues concerning Picardy Place (Issues 176, 178).
However the developers remain upbeat on their new website, claiming that demolition could still begin in 2012, with new shops opening in 2016 and completion of the project in 2017. See: www.stjamesquarter.info.
Meanwhile, eyebrows have been raised at HGI's none-too-subtle self-promotion. The company has made much of respecting and improving this major 'gateway' into the city. Few expected that policy to include suspending Europe's largest advertisement from Edinburgh's ugliest building.