Long term future of Crystal Palace Park critically important
Published Monday, 9 February 2015
At a meeting of the Crystal Palace Park Executive Board on 9 February, the Leader of Bromley Council, Cllr Stephen Carr, confirmed that the Exclusivity Agreement with ZhongRong Group (ZRG) expired on 1 February.
The council, with the support of GLA, has subsequently written to ZRG giving them 14 calendar days (to 20 February) to agree to a number of financial and business planning-related conditions prior to the Council considering the renewal of an Exclusivity Agreement.
The Crystal Palace Park Executive Board, which is chaired by the Leader of the Council and includes senior representation from the GLA and other community stakeholders, will meet again at the end of February to consider ZRG’s response, and if necessary alternative options for the Park and its restoration. Once this is clarified, the Leader of the Council is keen to meet with residents and other stakeholders, to report back on progress and seek views on options going forward. Any decision to enter into a new Exclusivity Agreement with ZRG would require formal approval from the Council’s Executive.
Councillor Stephen Carr, Leader of Bromley Council said, “We need to reassure local people that we remain resolutely focussed on doing everything we can to improve Crystal Palace Park and this must include securing its long term future. It would also be wrong to overlook the exciting potential for much needed regeneration in this part of London. This is why we have given the ZhongRong Group the opportunity to agree financial and other conditions which include the preparation of a robust and agreed Business Plan and implementation timetable. Now the Exclusivity Agreement has expired I am happy to confirm that we have written to ZhongRong setting out very clearly what they need to do next.”
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