This is Conrwall
Multi-millionaire pulls out of plans to develop quarry Print E-mail
Thursday, 04 September 2008

ONE of the UK's largest private property developers, with a £300 million fortune and a footing on The Times Rich List, has dropped plans to invest in Penlee Quarry at Newlyn.

Grahame Whateley, leading entrepreneur and self-made millionaire, who considered taking on the contentious chunk of Mount's Bay, has pulled out of the plan.

Edward Iliffe, managing director of Marina Developments Limited, which owns the majority of the quarry, said hopes to build a luxury housing and marina complex were only temporarily dashed.

"It's slow at the moment, but we have not stopped; we're talking to more interested companies and still want to get involved with some of the other projects in terms of providing stone," he said.

A planning application by MDL to temporarily vary the scale of blastings to deal with unexploded explosives discovered in the southern part of the quarry were being decided by Cornwall County Council's planning committee today.

MDL estimates that 17,000 cubic metres of rock requires investigation which would take five months to complete.

The company seeks to vary the hours of quarry operations from 7.30am until 6pm, Monday to Friday. The quarry operating times are currently restricted between 8am and 6pm, with blasting times restricted to between 10am and 4pm, Monday to Fridays.

Among the comments made during the consultation was Penwith councillor Peter Mates, who represents Penzance east ward.

He commented: "It has been suggested that the areas earmarked for clearance are the same as those identified for the proposed housing and marina site and that the proposals should be part of a planning application to the local planning authority.

"While I have no feelings one way or another in respect of the proposed development of the site, I am concerned that development continues, alleged levelling, excavation and landscaping in preparation for housing and marina, without any formal planning application being made."

However, Edward Iliffe refuted the claim and said MDL is required under law to remove any leftover explosives.

"We're not digging up virgin rock here. There's a health and safety issue that has to be resolved by removing the unexploded explosives left by the previous operators and our biggest problem is there were no plans left behind," he said.

article copyright THE CORNISHMAN

 

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