NEWS FIRST LOOK New funding model could kickstart Battersea€¦ · 2012 stadium into a 25,000-seat...

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NEWS FRIDAY SEPTEMBER 24 2010 WWW.BDONLINE.CO.UK 4 NEWS FIRST LOOK Plans to transform Populous’s 2012 stadium into a 25,000-seat athletics arena are “flawed” and have contributed to delays in securing a lasting legacy, a report has claimed. The cross-party report, pub- lished by the London Assembly last week, said only a major foot- ball or rugby club could provide the huge crowds and regular use that would allow the stadium to pay for itself and properly boost local employment. While it acknowledged that the Olympic Park Legacy Company (OPLC) was now looking at a wider range of tenants, it found that the Olympic Board’s original insistence on an athletics-led future for the stadium was a “missed opportunity”. Len Duvall, chair of the com- mittee that wrote the report, said: “With the right tenants, the Olympic Stadium... [has] the potential to bring thousands of new jobs to the East End. “The only sustainable future for the stadium is regular high-capac- ity events and realistically that means football or rugby.” The report also looked at the future of the 90,000sq m media centre, designed by RPS Group and Allies & Morrison. The centre, made up of the International Broad- cast Centre and Main Press Centre, is planned to house a “creative industry hub” after the Olympics. The report concluded that extra funding was needed to convert the buildings and upgrade transport links to attract would-be tenants. Those bidding to use the sta- dium post-2012 include West Ham Football Club. ‘Flawed’ athletics plan delayed stadium legacy New funding model could kickstart Battersea Andrea Klettner The developer behind Rafael Viñoly’s revamp of Battersea Power Station hopes a new financ- ing model will kickstart the £5.5 billion funding stream needed for the project. Plans to introduce tax incre- ment financing (Tif ) to help fund major infrastructure projects in the UK were announced this week by deputy prime minister Nick Clegg at the Liberal Democrats’ autumn conference. Battersea Power Station devel- oper Treasury Holdings provided one of the case studies for the gov- ernment’s review of Tifs, based on its regeneration plans in the Nine Elms corridor — including the power station itself and an exten- sion to the Northern Line with two new stations. Managing director Robert Tincknell said the government’s announcement could prove crucial. “We are hopeful that Nine Elms, will qualify, given the quantity of development there and the huge benefits that the Tif could offer,” he said. Tincknell added that the devel- oper was preparing a transport and works act order for the North- ern Line extension plans, which it hopes to submit to the government at the end of the year, and that the overall outline application was likely to be heard by Wandsworth Council in mid-October. Earlier this year, London mayor Boris Johnson wrote to the chan- cellor urging him to introduce the American-style Tif scheme which he said would “have the potential to help regenerate Battersea Power Station” and its surroundings, cre- ating 20,000 to 25,000 jobs and developing up to 16,000 new homes. Tif, which allows local authori- ties to borrow against the pre- dicted growth in their locally raised business rates, is already used in the US to fund major proj- ects. Details of its rollout in the UK will be included in next month’s comprehensive spending review. British Property Federation chief executive Liz Peace said: “We are delighted the government has taken such a far-sighted step to ensure that new infrastructure — which will be vital to rebuild the UK economy — can be delivered, even at a time when public fund- ing is scarce. “Ministers should be congratu- lated for offering industry what would appear to be absolutely bril- liant news, although obviously the devil will be in the detail.” Emmanuel C of E School’s new playground will feature a multi-use games area and a stepped amphitheatre. Hawkins Brown has won planning permission for a school refurbishment and 1,400sq m new-build masterplan in West Hampstead, London. Emmanuel Church of England Primary School currently occupies a Victorian building dating from 1845 and a temporary structure which accommodates the reception class. Plans for the refurbishment of the main building, which will be the home for a new nursery school and the reception class, will introduce a covered play area and hall, classrooms, a staff room, community and multi- use facilities and a group work teaching space. The playground will also be remodelled with a new canopy structure. But the practice’s proposal for a new three-storey school building with a lower ground basement level and games area demanded the demolition of two pairs of semi- detached Edwardian houses and a land swap to allow the school to occupy a portion of an adjacent designated open space. “We had to do a lot of consultation with the community,” said project architect Carol Lees. “When we first met them it was not an easy ride but we got to know them quite well and tried to implement what they asked for as much as possible.” The new building will have a brick facade facing Mill Lane and a more playful anodised metal and glass panel cladding at the rear. Three roof terraces have also been integrated into the design, with one reserved for staff. Construction work will be completed in phases, with the new structure due to open in 2012 when refurbishment work will begin on the existing building. Hawkins Brown’s school revamp learns from the local community Populous’s stadium design. Viñoly’s power station scheme. M IL L L A N E Holmdale Road M I L L L A N E West Cottage 1 2 3 4 5 7 8 6 SITE PLAN 1 Existing school at 101 Mill Lane to be refurbished for nursery and reception classes 2 New building at 152-8 Mill Lane 3 Side alley entrance 4 Upper playground level 5 Lower playground level 6 Stage with demountable canopy 7 Games area/ basketball court 8 Open space N The new building, which will have a brick facade facing the street, required the demolition of four Edwardian houses.

Transcript of NEWS FIRST LOOK New funding model could kickstart Battersea€¦ · 2012 stadium into a 25,000-seat...

Page 1: NEWS FIRST LOOK New funding model could kickstart Battersea€¦ · 2012 stadium into a 25,000-seat athletics arena are ÒflawedÓ and have contributed to delays in securing a lasting

NEWSFRIDAY SEPTEMBER 24 2010 WWW.BDONLINE.CO.UK4

NEWS FIRST LOOK

Plans to transform Populous’s2012 stadium into a 25,000-seatathletics arena are “flawed” andhave contributed to delays insecuring a lasting legacy, a reporthas claimed.

The cross-party report, pub-lished by the London Assemblylast week, said only a major foot-ball or rugby club could providethe huge crowds and regular usethat would allow the stadium topay for itself and properly boostlocal employment.

While it acknowledged that theOlympic Park Legacy Company(OPLC) was now looking at awider range of tenants, it foundthat the Olympic Board’s originalinsistence on an athletics-ledfuture for the stadium was a“missed opportunity”.

Len Duvall, chair of the com-mittee that wrote the report, said:“With the right tenants, theOlympic Stadium... [has] thepotential to bring thousands ofnew jobs to the East End.

“The only sustainable future for

the stadium is regular high-capac-ity events and realistically thatmeans football or rugby.”

The report also looked at thefuture of the 90,000sq m mediacentre, designed by RPS Group andAllies & Morrison. The centre,made up of the International Broad-cast Centre and Main Press Centre,is planned to house a “creativeindustry hub” after the Olympics.

The report concluded that extrafunding was needed to convert thebuildings and upgrade transportlinks to attract would-be tenants.

Those bidding to use the sta-dium post-2012 include WestHam Football Club.

‘Flawed’ athletics plandelayed stadium legacy

New fundingmodel couldkickstartBattersea Andrea Klettner

The developer behind RafaelViñoly’s revamp of BatterseaPower Station hopes a new financ-ing model will kickstart the £5.5 billion funding streamneeded for the project.

Plans to introduce tax incre-ment financing (Tif ) to help fundmajor infrastructure projects inthe UK were announced this weekby deputy prime minister NickClegg at the Liberal Democrats’autumn conference.

Battersea Power Station devel-oper Treasury Holdings providedone of the case studies for the gov-ernment’s review of Tifs, based onits regeneration plans in the NineElms corridor — including thepower station itself and an exten-sion to the Northern Line with twonew stations.

Managing director RobertTincknell said the government’sannouncement could prove crucial.

“We are hopeful that Nine Elms,will qualify, given the quantity ofdevelopment there and the huge

benefits that the Tif could offer,”he said.

Tincknell added that the devel-oper was preparing a transportand works act order for the North-ern Line extension plans, which ithopes to submit to the governmentat the end of the year, and that theoverall outline application waslikely to be heard by WandsworthCouncil in mid-October.

Earlier this year, London mayorBoris Johnson wrote to the chan-cellor urging him to introduce theAmerican-style Tif scheme whichhe said would “have the potentialto help regenerate Battersea PowerStation” and its surroundings, cre-ating 20,000 to 25,000 jobs anddeveloping up to 16,000 newhomes.

Tif, which allows local authori-ties to borrow against the pre-dicted growth in their locallyraised business rates, is alreadyused in the US to fund major proj-ects. Details of its rollout in the UKwill be included in next month’scomprehensive spending review.

British Property Federationchief executive Liz Peace said: “Weare delighted the government hastaken such a far-sighted step toensure that new infrastructure —which will be vital to rebuild theUK economy — can be delivered,even at a time when public fund-ing is scarce.

“Ministers should be congratu-lated for offering industry whatwould appear to be absolutely bril-liant news, although obviously thedevil will be in the detail.”

Emmanuel C of E School’s new playground will feature a multi-use games area and a stepped amphitheatre.

Hawkins Brown has wonplanning permission for aschool refurbishment and1,400sq m new-buildmasterplan in WestHampstead, London.

Emmanuel Church ofEngland Primary Schoolcurrently occupies a Victorianbuilding dating from 1845and a temporary structurewhich accommodates thereception class.

Plans for the refurbishmentof the main building, whichwill be the home for a newnursery school and thereception class, willintroduce a covered play areaand hall, classrooms, a staffroom, community and multi-use facilities and a groupwork teaching space. Theplayground will also beremodelled with a newcanopy structure.

But the practice’s proposalfor a new three-storeyschool building with a lowerground basement level and

games area demanded thedemolition of two pairs of semi-detached Edwardian housesand a land swap to allow theschool to occupy a portion of anadjacent designated openspace.

“We had to do a lot ofconsultation with thecommunity,” said projectarchitect Carol Lees.

“When we first met them it was not an easy ride but wegot to know them quite well andtried to implement what theyasked for as much as possible.”

The new building will have abrick facade facing Mill Laneand a more playful anodisedmetal and glass panel claddingat the rear. Three roof terraceshave also been integrated intothe design, with one reservedfor staff.

Construction work will becompleted in phases, with thenew structure due to open in2012 when refurbishment workwill begin on the existingbuilding.

Hawkins Brown’s school revamplearns from the local community

Populous’s stadium design.

Viñoly’s power station scheme.

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M I L L L A N E

Holmdale Road

M I L L L A N E

West Cottage

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45

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SITE PLAN1 Existing school at

101 Mill Lane to be refurbished for nursery and reception classes

2 New building at 152-8 Mill Lane

3 Side alley entrance

4 Upper playground level5 Lower playground level6 Stage with

demountable canopy7 Games area/

basketball court8 Open space

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The new building, which will have a brick facade facing thestreet, required the demolition of four Edwardian houses.