A kilometre-long floating park scheme for the Thames designed by Gensler looks set to be built in time for the 2012 Olympics after a backer was found to fund the project
Asset managers Venus Group of Singapore has agreed to pump £60 million into the London River Park ‘walkway’ which will stretch from St. Paul’s cathedral to the Tower of London on the north bank of the Thames and will feature eight spherical biodome exhibition pavilions.
The designs, which have already won the Best Conceptual Project category at the London Planning Awards and has the backing of City mayor Boris Johnson, will now be submitted to the City of London corporation.
It is understood a Memorandum of Agreement has been signed between the company and the London Mayor in a deal that will see 30 per cent of net revenues raised through the commercial operation of the River Park shared with the Mayor for the public benefit.
The Mayor of London, Boris Johnson, said: ‘The sheer beauty and design brilliance of this structure will provide yet another amazing and unique attraction for the capital.
‘We will proceed sensitively working closely with our partners, particularly in the City, to ensure that one of the most famous and cherished waterfronts in the world is enhanced for the benefit of our great capital.’
Chris Johnson, managing principal at Gensler, added: ‘To be part of the revitalisation of one of London’s greatest assets – The Thames - in the creation of this new public amenity is a great honour and the overwhelming support to include the Thames as a key focus for next year’s national celebrations only enhances the capitals reputation for originality, innovation and creative thinking.’
Previous story (AJ 19.01.11)
Gensler’s 2012 Thames walkway concept revealed
A floating park scheme designed by Gensler could be taken up by Boris Johnson in time for the Olympics and the Queen’s Diamond Jubilee
The London River Park will stretch from St. Paul’s cathedral to the Tower of London on the north bank of the river Thames. It will consist of a river-surface walkway, punctuated with five spherical biodome pavilions which will provide exhibition space.
It will aim to replicate the success and increase of tourism the eastern side of the South Bank has had following the Millenium Bridge and Tate Modern developments. The £20m ‘floating City annexe’, will be temporary if developed. However, it will leave behind an ‘enhanced river frontage’, new ferry terminals, a swimming pool and mooring facilities.
The idea has been shortlisted in the Best Conceptual Project category at the London Planning Awards, which take place tomorrow night (20 January).