In November 2006, Oriental City was bought out by the developer Development Securities who planned to demolish the centre and replace it with a B&Q, a housing development and a primary school. This private business transaction was beset by delays from store owners, the East Asian community, petitions, and even interference by the Chinese Consul-General and an ex-Arsenal football player. The developer was not able to close the complex until 2008, by which time the Great Recession had soured their ability to proceed with the redevelopment.