Developer partner sought for Essex County Cricket Ground
27 Apr, 2006, Chelmsford
The redevelopment of Essex County Cricket Club took a step closer today with the announcement of the two stage selection process to find a development partner to implement the Club's planned expansion and upgrade of the Essex County Cricket Ground.
The Club has appointed global property adviser Cushman & Wakefield to help secure a development partner and manage the selection process. It is anticipated that after an initial submissions, 4 to 5 developers will be shortlisted for the second and final stage which will include a written submission and presentation to representatives of the Club and its advisers. It is intended that the partner will be confirmed at the beginning of July.
The Club's redevelopment masterplan seeks to deliver international standard facilities for players, officials, members and fans without any reduction in the size of the playing surface. Key elements of the masterplan include an increased seating capacity of 8,000, a new six lane cricket school, more nets, leading edge media/broadcasting facilities, flexible banqueting and conference facilities, upgraded administrative facilities and improved access for both pedestrians and vehicles including a 300 space car park. The new facilities are to be financed through the development of surplus land owned by the Club.
The Club has identified an area of surplus land with the potential to be developed to provide circa 180 new homes.
David East, the Chief Executive of Essex County Cricket Club, said "the Club is wholly committed to providing the best possible facilities for cricketers, members, officials, sponsors and the general public on its present site." Joanna Embling of Cushman & Wakefield confirmed that the Masterplan, drawn up architects SMC, provided an exciting development opportunity to enable the Club to realise its ambition.