I'm back, out of my cloak and have news, 90% good (IMHO)
The story requires remembering some key things:
1. In 2002 council control went from Labour to Lib Dem
2. In 2006 there will be council elections
3. Everything relating to the tube is very complicated and isn't just to do with Transport for London, but also the private companies that run the tube.
4. The council has £500m or so of debt so in most circumstances just does whatever raises most cash / costs least whoever is in control.
5. This is written by a lib dem who has talked to lib dems, so if you're paranoid you may not believe me.
1. The past
Right back in 1999 or so a plan was hatched by the then Labour council with the tube to combine Bradys with the site next door that is the outlet for stale air from the tube plus a small yard round it. It is this yard (+Bradys) that the plans relate to.
At various stages the tube have thought they'll need different bits of space depending on things like where escalators are so this has held up everything.
While the council own the land the pre 2002 council sold the exclusive rights to develop the site (including the tube bit in some way I don't understand) to Swan Hill for about five years.
While the tube was being redeveloped (still not quite finished) the private company couldn't start building since half the potential site was being used.
2. The future.
The exclusive rights expire soon - possibly at the end of this year (I haven't clarified this yet)
Once the rights expire the council can do what it likes with Bradys.
The council will basically have three options:
1. Give it over to something completely non profit (Very unlikely given the councils debts)
2. Sell the site but subject to the ground floor (or ground and first) being given over to a pub / theatre etc. with the rest open to other uses -probably flats.
3. Sell the site with no restrictions.
3. Good news / bad news
Good news is:
The relevant responsible Executive member (councillor) Andrew Sawdon used to drink at Bradys and wants to see it back as a pub
Anyone who isn't in charge of Lambeths budget would want something that is either 1 or 2 in some combination
Bad news is:
option 3 would bring in a bit more money - so other councillors may force this regardless of what party is in power.
Conclusion:
A campaign for the pub being returned in some sort would probably be successful.
The closer to 2 it is the more likely success will be IMHO - though I can understand lobbying for 1.
The electoral cycle is quite good for getting commitments from all the parties on this.
So I think we should have a campaign that as the bottom line is lobbying for Bradys back as a pub.