Belfast based BTWShiells Investment Division have been instructed to market for sale the London 2012 Olympic Basketball Arena.
One of the most iconic buildings of the 2012 Olympic and Paralympic Games, the Basketball Arena, has been made available for sale for £2.5 million by venue owners, Barr Construction.
The Arena, which is being dismantled from its site at the Olympic Park in Stratford, was the largest single temporary structure ever created in Olympic history and was the third largest of all the venues at the London Games.
At 114m long, 96m wide and 35m high, the Arena occupies a footprint of 11,000 sqm and the main steelwork trusses span almost 100m.
The building shell being made available for sale consists of a 1,000 tonne skeletal steel frame and a 23,000 sqm recyclable white PVC fabric skin.
Work to dismantle the Arena has already commenced and the dismantling of the iconic rippled outer envelope will commence in March.
Under the unique terms of the contract negotiated with the Olympic Delivery Authority to deliver the Basketball Arena, Barr Construction retained ownership of the Arena shell.
Barr has therefore appointed commercial property consultancy BTWShiells and chartered accountants Ernst & Young to handle the sale of the Arena and prospective bidders are invited to submit expressions of interest by March 31.
(CD/GK)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
29/11/2024
Plans for a new housing development in Carney, Co. Sligo, have significantly progressed after a contract for construction was signed by County Council members. The development, which was designed by Hamilton Young Architects and will be constructed by Kilcawley Construction, consists of 25 homes ...
29/11/2024
South Dublin-based Killinarden Park has officially opened following improvement works. Nicholas de Jong Associates carried out the planning and design work on the project with Clonmel Enterprises Ltd civil contractors realising the vision on the ground. Enhancements to the park include provision ...
29/11/2024
Water supply has been restored to the vast majority of impacted areas in Galway City following repairs, Uisce Éireann has announced. Detection crews from the company isolated the source of a significant burst which occurred in the Docks area of the city yesterday, with works being carried out this ...
29/11/2024
A refurbished running track and new padel courts were officially opened in Greystones, Co. Wicklow, this week. An Taoiseach Simon Harris officially opened the track and padel courts, based at Shoreline Leisure, while also present were the Cathaoirleach of Wicklow County Council, Cllr Paul O Brien, ...
29/11/2024
The Construction Employers Federation (CEF) and Northern Ireland Federation of Housing Associations (NIFHA) have raised major concerns regarding the approved proposal to increase the Standard Connection Charge for a newbuild house by 123% in 2025. The proposal, put forward by NIE Networks to the ...
29/11/2024
Green infrastructure improvements have been successfully completed at Claudy Country Park in L'Derry. Upgrades to the play area at the location as well as safety and access works in the wider park were carried out as part of the green infrastructure enhancement project, which was made possible by ...
28/11/2024
Plans to build 674 new homes in the Clooney Road area of L'Derry have been given the green light. South Bank Square submitted the application, which entails a residential development comprising 33 detached and 473 semi-detached dwellings as well as 168 apartments, to Derry City and Strabane ...
28/11/2024
A new wastewater treatment facility in Ballyronan, Co, L'Derry, has been successfully completed following an investment of £5m from NI Water. GEDA Construction was the main contractor for the 18-month contract, while Water Solutions Ireland completed extensive mechanical and electrical ...
28/11/2024
The Clontarf to City Centre (C2CC) Active Travel Project has officially been opened by Dublin City Council. The project connects the Royal Canal Greenway to the East Coast Trail and part of the Tolka Valley Greenway, providing a safe, pleasant and continuous segregated walking and cycling route ...
28/11/2024
Approximately €1.5 million in payments have been processed under the Vacant Property Refurbishment Grant scheme in Offaly. The grant, which aims at turning vacant or derelict houses and buildings into permanent homes or rental properties, has thus far saw 129, out of 196, applications approved in ...