Selhurst Park expansion plans given the green light

Redevelopment plans for the main stand at Crystal Palace Football Club have unanimously been given the green light.

The council’s cross-party planning committee approved the club’s proposals, which will see the ‘Main Stand’ extended to increase the stadium’s capacity from 26,000 to more than 34,000. The expansion plans will not only see the creation of a new glass front stand, but also a larger pitch, additional accommodation for wheelchair supporters and the provision of new facilities for the local community, creating a first class home stadium for the Premier League club.


Croydon remains a property hotspot

A new report has named Croydon as the fifth most in-demand town or city in the UK for attracting commercial occupiers.

 Compiled by leading commercial property data provider CoStar, the 50 Occupier Index captures occupier activity across the 50 largest UK office markets. The company uses its database of over 470,000 commercial properties across the UK to rate each location.

The ranking system measures demand and liquidity by comparing net absorption in each city throughout the year, relative to its stock size and peers.


Prologis strikes deal for Croydon scheme

Developer Prologis has acquired a site in south London for around £3 million per acre as industrial land prices in the capital continue to rocket.

The US developer has struck a deal with landowner Thames Water to buy 10 acres of land on Beddington Lane in Croydon. Prologis beat a long list of bidders for the site, which is located in a severely supply-starved market and can accommodate around 200,000 sq. ft. of industrial and logistics space The deal comes only weeks after a site in Borehamwood, just north of London, was sold for a record price of around £3.2m per acre to First Panattoni, reflecting both developer appetite to build around London and the scarcity of land.

“All the big developers want to get building; the only thing holding them back is the scarcity of land,” one agent said. “That’s why, when a well-located site comes to market, practically every developer – as well as some occupiers – are piling in to secure it. These prices are just about sustainable as rents are also being driven up because of the supply/demand dynamic, but it will only take a hiccup in the market for it to become unsustainable.”

Market sources suggest a new record price for industrial land could be set when a 14-acre site near Heathrow, the former home of the British Airways (BA) training academy, comes to the market. BA has yet to start marketing the scheme but is being advised by Savills on options for the site. “For a site at Heathrow of that size and scale, I would expect strong appetite from developers and believe it would easily blow the £3m-per-acre price mark,” a source said. “These opportunities are rare and with a number of UK and overseas developers looking to place money in the industrial sector I’d expect a very aggressive bidding process.”

Savills advised Thames Water on the Croydon land sale. All parties declined to comment.

Source: Property Week

Croydon offices lure energy firm from City

Electricity supplier Green Network Energy will relocate its offices from the City of London to the Renaissance building in Croydon.

The Italian energy company will move out of its current offices on Paternoster Square, St. Paul’s, and almost triple its office size. It has struck a deal with M&G Real Estate to take around 28,000 sq ft at the Renaissance office block, bringing the building to 100% let. Green Energy occupies around 10,000 sq ft at Oxford Properties’ St. Martin’s Court, the office building adjacent to St. Paul’s cathedral and CBRE’s headquarters in the City.


Design reveals the scale of the huge towers replacing the Nestlé building in Croydon town centre

A picture has been released showing the scale of three towers which will replace the Nestlé building in a major redevelopment in Croydon town centre.

Property developer R&F Properties has £500 million plans to redevelop St George’s Walk into a huge public square outside Croydon Town Hall, which includes constructing new shops and refurbishing the Nestlé building into three tower blocks with hundreds of flats. This new artist’s impression of how the famous building could look once redeveloped has been exclusively obtained by the Croydon Advertiser.


Bid to make Boxpark Croydon a ‘major music destination’ with performances from the ‘UK’s biggest talents’ as new events launched

Boxpark has announced a new run of major events by a massive London promoter in a bid to make the Croydon venue a “major music destination” and a world-famous DJ will be at the launch.

Events at the venue next to East Croydon station are set for a big makeover with organisers pledging to attract top talent. Boxpark has promised shows from the ‘UK’s biggest musicians’ at the new gigs. Internationally renowned DJ David Rodigan will kick-off the brand new music event – which has been christened HotBox – bespoke to Croydon. HotBox will be run by London promoters LWE, behind Printworks and other trendy venues, and Boxpark is hoping to make its name as a must-play for musicians. To start of the new run of HotBox events famed DJ David Rodigan will be performing on April 28. Future events are to be confirmed.


Council welcomes Coulsdon homes decision

Croydon Council’s cabinet member for regeneration has welcomed the approval of a Coulsdon planning application that will mean more affordable homes for borough residents.

Brick by Brick, the development company set up by the council, received planning permission last night (Thursday) for five buildings providing 157 homes at the former Lion Green Road car park. Seventy-nine of these flats will be affordable, including 33 that will transfer to Croydon Affordable Homes, the council’s charitable company set up to rent out houses and flats at 65% of the usual cost to families who had previously been in temporary accommodation. The Coulsdon scheme’s 78 private flats will finance its affordable homes.


Local businesses and young people unite for inaugural Croydon Means Business Forum

More than 100 businesses were joined by young apprentices from Croydon Council for the first Croydon Means Business Forum.

The event which took place on Wednesday at The Business Xchange, was held in celebration of the work Croydon businesses are doing with local schools and council partners to support and develop the borough’s young people and help them make the right choices about their futures. Launching in Croydon’s Year for Business, the event programme looked at how Croydon’s business community are working to create a dynamic future workforce that will drive economic growth and how the skills gap – the skills employers want from potential employees compared with the skills job seekers actually have- is being addressed.


Cycle upgrade to major Croydon route

Cycling will be easier on a key route into Croydon town centre under council upgrade plans taking place over Easter.

Navigating the tram tracks at the junction of Addiscombe Road and Cherry Orchard Road currently means cyclists have to wait at two sets of lights before continuing their journey. Now the council plans to realign the crossing so that cyclists only need to cross one junction and have more priority to continue their journey without waiting around a minute at lights.


Arts funding boost leads to packed summer programme

Croydon is lining up an exciting summer programme packed with cultural activity following a funding boost for community arts groups.

Highlights include an international festival of live performance and visual arts; a high-impact theatre production inspired by young people from Croydon; the return of the hugely popular Crystal Palace Festival; a new Festival of Peace; and another series of LMP on the Move, a ground-breaking project bringing classical music to new audiences. All are beneficiaries in the latest round of awards from Croydon Council’s Cultural Partnership Fund (CPF), set up to encourage the growth and development of grassroots arts organisations locally. The CPF offers match funding up to £10,000 for cultural community projects, helping small groups to lever funding from national organisations such Arts Council England (ACE) which they might not otherwise achieve.

The new theatre production from Maya Productions, The Croydon Avengers by Oladipo Agboluaje, was created working with young asylum seekers and refugees from the borough. Using martial arts and a comic book visual style, the play challenges preconceptions about refugees. Funded by the CPF and ACE, the production will tour local schools and also Harrogate, Ovalhouse and Blue Elephant Theatres in June. Also in the summer, radical art festival Tempting Failure will be held in and around Croydon 9-22 July. Also funded by the CPF and ACE, this international event promises to be a highlight of Croydon’s cultural calendar. Organisers are now seeking applications from paid artists from all over the world, at any stage in their career, to get involved and particularly welcome local applications. More information is available on their website.

After a spectacular event in June 2017, the Crystal Palace Festival will return 11-17 June 2018, with Stereo MCs and Polarbears headlining at the free Crystal Palace Park event on 16 June.  With 28,500 visitors to the 2017 park event, organisers are expecting even bigger crowds as they return with a fantastic line up of music, spoken word, theatre, visual arts, family and community activities and amazing food and drink. This is funded by Croydon Council’s CPF, ACE and Bromley Council. The Festival of Peace will be a vibrant multi-cultural, cross-arts week of events 16-23 June.  In the year where the world remembers the centenary of the end of WWI, the festival will invite Croydon to celebrate peace through a participatory arts programme, including live music, dance, visual arts, spoken word and film. The centrepiece will be an inclusive Anthem For Peace commissioned by Croydon’s resident chamber orchestra, London Mozart Players (LMP). The CPF has also funded the LMP for two more years of the highly successful LMP on the Move. This is a series of five concerts in different venues – not generally used for classical music – around the borough each summer, bringing the genre to new audiences. Last year venues included Matthews Yard; the Roof Top cinema (with a live score for a Charlie Chaplin film); and the central Library (a family friendly performance of Little Red Riding Hood). For the season finale LMP performed at Boxpark with London DJ Shift K3Y in a ground-breaking collaboration streamed live by Spotify. The Festival of Peace and LMP on the Move have both received funding from the CPF and ACE.

Councillor Timothy Godfrey, Cabinet Member for Culture, Leisure and Sport, said: “Croydon’s summer line-up is already looking fantastic. By funding community arts projects through the cultural partnership fund we are helping to create an environment where creativity can thrive. Also, by offering match-funding, we are helping local grassroots organisations to secure significant investment from national organisations. Croydon is getting a deserved reputation as a borough that embraces art and provides opportunities for local talent to grow.”

Source: Your Croydon