From Mayors to Mega Basements: The Truth About Developing London

In this episode, Tom Bill talks with Mike Hussey, CEO of Almacantar, about the real‑world challenges of delivering major schemes in London - from tricky 1960s refurbishments to complex new‑builds on constrained sites. Mike reflects on working with different London mayors, how political interventions can slow projects, and why there is so much misunderstanding around viability. They explore London’s enduring resilience as a global city, with Mike explaining why super‑prime residential demand remains steady but slower to convert, and how long‑term stability matters as much as tax tweaks for investors. Finally, he shares when Almacantar may feel ready to buy its next site.

You can listen to From Mayors to Mega Basements: The Truth About Developing London online on Radio and Podcast. Open the player on this page to stream the available audio.

From Mayors to Mega Basements: The Truth About Developing London is an episode from Intelligence Talks by Anna Ward.

This episode is 45:33 long.

This episode was published on Feb 16, 2026.

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