In what's a perfect example of the rise and fall of the property market, Velocity Estates has once again changed their plans for their half-finished project in Sheffield. This time they are applying for planning permission for an 18-storey towerette next door to the main private 22-storey tower that will be used as student accommodation. As before, the second part of the project will be linked to the main tower by a 5-storey wing. It's a far cry from the bullish outlook of 2008...more