Secondly the saga of Manston airport rumbles on and yesterday they announced spending another £50K of ratepayer's money on another viability study which they say will feed into the proposed Local Plan. This despite spending £100K already.
What hasn't changed is there is extant planning for 107 apartments which remains on the site in perpetuity.
It is possible that a new buyer comes forward and takes over the development however if any new buyer takes over Cardy Ramsgate Ltd and decides to 1. continue the current incomplete deal with TDC 2. Decides to put in New Planning (which would trigger an expensive Flood Risk Assessment) Either way the losers are the tourist industry and by extension the people living in the area.
It was May 1998 when the Pleasurama site caught fire and in looks like the people of Ramsgate have a 20 year anniversary fast approaching without resolution of the site.
What next aliens taking over?
On the 20th July 2016 Mike Stannard, owner of SFP Ventures (UK) Ltd via Cardy Ramsgate Ltd completed on the deal with TDC by payment of approximately £3M. TDC then would have handed over the freehold and taken back the 3x199 year leases issued to Shaun Keegan in 2009.
We await a statement from TDC as to the development agreement and its long stop date. When TDC issue a statement I will update.