Hi Nuthatch. I believe the island was bought from the city council. It was always planned to do something with the island. But it has taken that long that the egrets moved in, and now the council wants to protect them. Most of the buildings there cant be touched anyways because of their status.
But the latest is that the council has deferred their decision, to think on it more. The company told the council they will take it farther if they don't get permission, and could cost the council megabucks to defend their actions. should they refuse planning.