AFTER THE success of the 2012 Games, an East London small business can also celebrate an Olympic win.
The builder Rooff Group has won its fight for compensation for the loss of its site at Carpenters Estate in Stratford E15 2JL, which was seized in 2007 under an Olympic compulsory purchase order.
The firm claimed the land could have been used for residential development, making the London Development Agency offer inadequate. A long and lawyer-enriching series of courtroom battles ensued to support that claim, and Rooff moved its business to Barking.
Secretary of State Eric Pickles has now ruled in favour of Rooff, stating that planning permission would have been granted for residential and commercial development.
Rooff managing director Mark Horn said that the ruling recognised the development potential of the builder’s yard before it was compulsorily purchased. He added: “I hope that we can now move swiftly towards an agreement with the acquiring authority over fair compensation.”