Troubled London Pleasure Gardens go under
A ‘pop-up’ events arena expected to entertain Olympics visitors in east London has collapsed into administration.
Deloitte was named administrator of London Pleasure Gardens, which has been mired in problems (see AJ 12.07.2012), last Friday (3 August).
The London Development Agency and Newham Council appointed London Pleasure Gardens to operate the site for two years following a Meanwhile London competition.
RIBA London with Price & Myers commissioned a string of architectural follies for the eight hectare Silvertown Quay site.
- An Oyster Bar by Visitor Studio
- Hanging Gardens by Foster Lomas
- An Ornamental Pool by Fourks-Lyons/ Bisgaard/ Smith
- Perspective Folly, by Nickolas Kirk Architects
- Rainbow Folly, by Studio Squat
A spokesperson for Newham Council said: ‘The decision by London Pleasure Gardens to enter into voluntary administration is regrettable but understandable.
‘It is disappointing that the anticipated visitor numbers and revenue from recent planned events have not materialised.
‘We will now work with the administrators to help secure our investment and to discuss the future scope and nature of our involvement.’