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'Struggling' ice centre owner given £1 million grant | East London and West Essex Guardian Series


An artist s impression of the rebuilt centre (LVRPA)
Waltham Forest Council’s leadership has agreed to pay £1 million towards the cost of rebuilding the Lee Valley Ice Centre to prevent the project from failing.
The Lee Valley Regional Park Authority (LVRPA), which owns the ice rink and the land, will receive a grant of £200,000 a year for the next five years, the council’s cabinet decided today (May 4).
Plans to rebuild and nearly double the size of the centre were approved by the planning committee last October, despite concerns about the encroachment onto “precious green space”.
Now, a report prepared for the cabinet reveals, the LVRPA is struggling to cover” the estimated £30 to 40 million cost of construction, “which could put the entire project in jeopardy”. ....

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