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@Oliver Schick
The arson definitely was fishy, as is the way of arson. I believe that when buildings have become structurally unsound, they have to be pulled down right away. I think this site is within the Crossrail 2 safeguarding corridor, so that any developer isn't going to be able to build anything very big on it. I doubt it's foul play. It could well be subsidence related to HS1, which runs underneath.