The cost of Meis Architects and Sheppard Robson’s new stadium for Everton Football Club has ‘escalated significantly’ and ‘continues to grow’ the Premier League side has revealed.
Everton chief executive Robert Elstone wrote in the matchday programme on New Year’s Eve that the design of the Bramley Moore Dock arena was part of the reason for the cost hike.
The AJ revealed in the summer of 2016 that US-based sports specialist Meis Architects had been contracted to work on the Merseyside stadium project. It then emerged in August 2017 that Sheppard Robson had secured a supporting role on the scheme.
The project cost was initially believed to be in the region of £300 million, but it now appears this figure has grown significantly.
’Our funding target has escalated significantly and has occupied much of our efforts of the past 12 months,’ wrote Elstone.
’The premium for the waterfront site, an ambitious capacity that we will test with more rigour, a design we can all be proud of and the simple but painful impact of inflation have all contributed to an increased overall cost and a funding target which continues to grow.’
He added that a funding deal with Liverpool City Council was moving closer.
‘Throughout 2017, we have been totally committed to finding a funding arrangement that works for the club and the city,’ he said. ‘We have needed to be patient as we work together to ensure the checks and balances that underpin such a deal are in place and … as we start the new year, both parties feel we are near to agreeing a framework that works.’
Elstone said securing planning permission was a target for 2018.
‘It is a process not without challenge,’ he said. ‘Bramley Moore Dock sits within a World Heritage Site with several historically significant features, and our designs must respect the heritage and culture of the city’s northern docks.’
The club hopes to be playing at the stadium by August 2022, Elstone said.
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