propertY York stadium proposals move forward


Plans for a community sports stadium development in York, which is set to provide a min- imum capacity of 6,000 seats, have moved forward. Te City of York Council’s


Granite Web (above) is one of two chosen visions


Two designs chosen for Aberdeen scheme


Two designs for Aberdeen’s City Garden Project will face further scrutiny by the jury of an international contest organised by Malcolm Reading Consultants before a winning option is selected. Six entries were shortlisted earlier this


year by the jury, which is chaired by the former principal of the University of Aberdeen, Sir Duncan Rice. Te designs chosen to be “explored fur-


ther” are Granite Web and Winter Garden, which were numbers one and two in a pub- lic exhibition respectively.


Newham Council to propose stadium deal


Newham Council has voted in favour of approaching the Olympic Park Legacy Company with an offer of public-public ownership of the Olympic Stadium. Te local authority is prepared to invest


up to £40m under the partnership in a bid to secure benefits for the local community, subject to an “appropriate” return. Meanwhile, Newham Council also con-


firmed that it would play no role in selecting an anchor tenant for the venue aſter the 2012 Games in order to reduce the risk of delay in a future procurement process.


LGP completes Leisure Fund refinancing


Legal and General Property (LGP) has suc- cessfully refinanced its Leisure Fund, aſter reaching agreement with Royal Bank of Scotland over a new £71m facility. Te deal will run for a further five years,


with an additional £40m facility that can be drawn down for future investment oppor- tunities within the leisure industry. Established in 2002, the Leisure Fund


is currently held in a Jersey Property Unit Trust and has more than £250m worth of assets under management, including seven prime leisure developments.


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cabinet approved the release of £200,000 from the £4m allocated towards the proj- ect for the next phase, which involves the development of proposals for the delivery and operation of the new venue. A business case has already


been produced to show that sufficient funding is in place for the stadium and county- standard athletics facilities. Te venue will establish a centre of commu-


York City FC will move to the new stadium from Bootham Crescent Following the approval, the next stage of the


nity activity and provide a new home ground for both York City Football Club and York City Knights rugby league team.


business plan will also allow the public and key stakeholders to help shape the design and range of facilities as part of the development.


Gloucester Quays plans submitted


Te Peel Group has announced it has submitted detailed plans for the development of a new leisure quarter in Gloucester, which will involve a £60m expansion of the Gloucester Quays Outlet Centre. Gloucester City Council


will now decide the fate of the Manchester-based devel- oper’s proposals for the site, which is centred on the city’s historic docks area and will create Te Quayside leisure and shopping destination. Plans incorporate 11 restau-


Te proposed scheme is to include a 10-screen cinema and restaurants


rants; a 10-screen cinema with seating for 1,600 people; and new retail units. It is anticipated that construction work will begin on site early next year. Due for completion in autumn 2013, an


existing cinema at the Peel Centre retail park would then be converted into additional retail space as part of the Peel Group’s proposals.


Alison Tennant, the public relations and


marketing manager for Gloucester Quays Outlet Centre, said: “We don’t want people in Gloucester to feel like they have to leave the city for a good night out or to go to the cin- ema. Te Quayside will give them fantastic facilities right on their doorstep.”


TWL delays renovation of Nottingham’s Soccerdome


Te Weather Lottery (TWL) has delayed a revamp of Nottingham’s Soccerdome aſter the local authority revealed its plans for the rede- velopment of a nearby sports complex. It had been intended that an upgrade of the five-a-side football facility would be carried out


Read Leisure Opportunities online: www.leisureopportunities.co.uk/digital


during the summer, following TWL’s acquisi- tion of the venue’s owner and operator. TWL received cost estimates in August with


a view to starting work in October, but delayed the project aſter learning of the council’s plans for the Harvey Hadden Sports Complex.


Twitter: @leisureopps © CYBERTREK 2011


image: dashwortley


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