- December 15, 2023
- Posted by: SportsV
- Categories: Featured Articles, Features, Home News, Industry News, News, Press Releases
Leicester City Football Club’s hybrid planning application for the development of the King Power Stadium and surrounding site has now received formal approval from Leicester City Council, following the Council planning committee’s initial approval in September 2022.
This final decision had been held pending the finalisation of a Section 106 agreement in relation to the proposed development, which has now been concluded.
A statement on Leicester City Football Club’s website reads:
The Club welcomes this endorsement of the planning committee’s previous approval and thanks its fellow city stakeholders for their continued cooperation and support for a developmental vision that will be transformational for the city and the region.
Our hybrid application, initially submitted for consideration in October 2021 following an extensive public consultation process, consisted of a detailed planning application for an East Stand expansion of 8,000 seats, along with an outline application for a wider masterplan, including a fanzone and public realm, an event and entertainment arena, a 220-room hotel, a residential tower and a new flagship club retail space.
The wider masterplan is critical to the viability of the overall project, and the grant of outline permission for these additional elements represents a critical milestone for the overall development, whilst also providing the Club with an opportunity now to reassess its detailed proposals in light of market dynamics which have changed significantly since the Club’s proposals were initially submitted. The Club’s acquisition of further adjacent land since the planning application was first submitted can now also be factored into our vision for the overall site, and presents a further opportunity to strengthen the Club’s overall commercial proposition.
It will be the responsibility of the Club’s leadership to ensure that the final detailed plans for a project of such longevity deliver optimal value, particularly given the scale of investment which will be required from the Club and its owners to bring it to fruition. The Club looks forward to advancing those detailed proposals, while continuing to monitor associated market conditions, which will enable us to plan an appropriate timeline for development work to commence.
Longstanding Sports Venue Business (SVB) sponsor, KSS Design Group, is behind the stadium development design and was also responsible for the club’s world-class, multi-award-winning, training centre project.
Source & imagery, courtesy: Leicester City Football Club
Sports Venue Business (SVB) has been responsible for the organisation and delivery of ALSD International on behalf of the Association of Luxury Suite Directors from its inception in 2018. Moving forward, SVB has unveiled a raft of new offerings under the SVB LIVE banner, including a series of global networking events and webinars, all of which will culminate in an annual event.
SVB has also launched an exclusive subscription-only Global Report outlining New Builds, Renovations & Major Refurbs, with the SVB LIVE (Live Industry Venue Experience) Expert Council – featuring industry execs from across the globe – to help shape the conversation for the annual conference & exhibition focused on the delivery of optimised live experiences and venue commercialisation.
#SportsVenueBusiness – The leading platform for sector news, views & developments
#SVBLIVE – Networking & bringing the Live Industry together to share insights & innovations
