[jef]

Ballymore has communicated they put on hold Phase 2 of its development at Crossharbour/Baltimore Wharf

Construction on the residential tower and the office/hotel elements was initially due to start in early 2008.

This is the third consecutive setback in the Docklands, with both 25 Churchill Place, Arrowhead and now Baltimore Wharf put on hold due to the lack of office demand and massive office surplus put back on the market by large investment banks.