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Crystal Palace deal falls through
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Crystal Palace deal falls through

ZhongRong, who had an exclusivity agreement with Bromley Council and were meant to put forward £5M deposit and detailed proposals for their development in Crystal Palace Park, had failed to do so.

Bromley Council's deadline for the ZhongRong Group to put forward a £5m deposit and detailed proposals for the Crystal Palace Park has passed without any indication of the conditions being met, and the exclusivity agreement has now come to an end.

The local Green Party is now calling for Bromley and the GLA to move on from this debacle, and focus on implementing the masterplan.

Tom Chance, the Green Party's candidate for Lewisham West and Penge (which the park sits in), said:"Park users will be delighted to hear that this deal has finally fallen through. The GLA and council now need to get back to working with the local community to implement the masterplan, which recognises that the park is a green lung for the local community, an important sports venue for London and the south east, and an internationally important heritage site, not a building site. The Mayor owes Crystal Palace an apology for keeping community groups out of the park for sixteen months, and losing £4.5 million in lottery funding, while entertaining this ridiculous proposal."

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