Schroders and Stanhope get green light in Croydon
by Pete Hayman | 11 Aug 2008
Developer Stanhope and its partner, asset management company Schroders, have been given the green light for their plans to redevelop Croydon Gateway in south London.
The communities secretary, Hazel Blears, rejected Croydon Council's compulsory purchase order (CPO) on the site next to East Croydon railway station. The proposals for the 8.5-acre Ruskin Square site, which is already jointly owned by Schroders and Stanhope, will see a new 200-seat Warehouse theatre being built. alongside restaurants and leisure facilities centred around a 4.5-acre public park. Office, retail and residential developments also feature among the plans, designed by architects Foster and Partners. Communities secretary Hazel Blears decided not to grant the CPO for the site a week after rejecting council-backed redevelopment plans drawn up by property company Arrowcroft, including a new 12,500-seat arena "in light of uncertainty about the viability of the scheme." In a letter to Croydon Council, Blears said that the Schroder and Stanhope scheme would deliver the same benefits to the area as Arrowcroft's proposals, even without an arena, while adding: "There is no compelling need in the public interest for the Order." Schroders and Stanhope expect work to begin by the end of the year on the site, having gained planning permission for the project in June 2006 from then-communities secretary Ruth Kelly. In a joint statement, managing director of Schroder Investment Managers, William Hill, and Stanhope's chief executive, David Camp, said: "We argued at the planning stage that the arena scheme was not appropriate for this site and we are please to see the secretary of state agrees that it does not justify taking our land."
Developer Stanhope and its partner, asset management company Schroders, have been given the green light for their plans to redevelop Croydon Gateway in south London. The communities secretary, Hazel Blears, rejected Croydon Council's compulsory purchase order (CPO) on the site next to East Croydon railway station. The proposals for the 8.5-acre Ruskin Square site, which is already jointly owned by Schroders and Stanhope, will see a new 200-seat Warehouse theatre
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by Megan Whitby | 02 Feb 2024
Urban wellness brand Othership has ambitions to expand its social bathhouse concept throughout North America, according to CEO and co-founder Robbie Bent. The company’s city destinations combine contrast bathing, breathwork and guided emotional regulation to create a space for people to connect with themselves and their community. Offering 28 different classes, Othership hosts large-scale sauna and ice-bath classes that blend elements of Aufguss sauna with group therapy modalities including visualisation,
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One&Only One Za’abeel opens in Dubai featuring striking design by Nikken Sekkei
by Megan Whitby | 19 Jan 2024
Kerzner International has officially opened the doors to its striking new vertical resort, One&Only One Za’abeel, in Dubai. The opening marks the launch of the first-ever urban One&Only outpost. Located in the One Za’abeel development designed by architects Nikken Sekkei, the destination boasts dual skyscrapers intersected by the world’s longest cantilever bridge, The Link, which is suspended 100 metres above street level. “We have set aside convention and reinvented what
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by Kath Hudson | 18 Jan 2024
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'World's largest' indoor ski centre by 10 Design slated to open in 2025
by Liz Terry | 11 Jan 2024
Huafa Snow World, a 131-hectare sport and entertainment destination in Shenzhen, China, designed by architecture firm, 10 Design is slated to open in 2025. The development is anchored by a 80,000sq m indoor ski resort, currently expected to be the largest of its kind in the world when it opens. Huafa Snow World will have a balance of retail, entertainment, commercial, hospitality, civic and cultural elements with the aim of
Murrayshall Country Estate awarded planning permission for multi-million-pound spa and leisure centre
by Megan Whitby | 05 Jan 2024
Rural Scottish retreat Murrayshall Country Estate has received the green light for its £30 million (US$38 million, €34.8 million) masterplan. The proposal includes plans for an extension to the 40-key four-star hotel in Scone, Perthshire, as well as the addition of a new spa and leisure facility with treatment rooms, a spa pool, spa cafe, gym and studio, a leisure pool and outdoor spa terrace. Proposed updates also include a
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by Kath Hudson | 04 Jan 2024
Janu, the new hotel brand from luxury operator Aman, is gearing up to launch its first location this March in Tokyo. The property will feature one of the city's largest gyms. Part of a 4,000sq m state-of-the-art wellness centre, the 340sq m gym will feature five group exercise studios for spinning, aerial yoga, golf simulation, functional training, Pilates and high-impact circuit training, as well as the first boxing ring in
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by Megan Whitby | 03 Jan 2024
Global wellbeing organisation Therme Group has announced the location of its first Asia Pacific project. The upcoming resort will open in South Korea’s Incheon City as part of its Golden Harbor development. A memorandum of agreement was signed on 20 December by Therme’s senior vice president Stelian Iacob and Incheon Free Economic Zone (IFEZ) commissioner Kim Jinyong. The identification of the Golden Harbor site follows an initial letter of cooperation
Universal Studios eyes the UK for first European resort
by Kath Hudson | 29 Dec 2023
Universal Studios is assessing the feasibility of opening its first European resort in the UK, following the purchase of a former brickworks in Bedfordshire. The theme park operator has confirmed it’s in the “very early stages of exploring the possibility of a potential park and resort experience in Bedford.” Parent company, Comcast Corporation has purchased the 480-acre site, which previously had planning permission for 1,000 homes. Universal Destinations and Experiences
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by Kath Hudson | 19 Dec 2023
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by Kath Hudson | 18 Dec 2023
KSL-owned Third Space has unveiled its latest club in Wimbledon, south-west London. The development marks the first of many forays into residential locations for the operator, following the recent securing of a loan facility of £88.5m. This is the ninth club from the premium fitness operator which has four further openings slated for residential areas of London in the next two years: Battersea, Clapham Junction and Wood Wharf in 2024
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