Crystal Palace Park Update

Bromley Council seem determined to keep communications open with ZhongRong, the Chinese company which wants to build a new Crystal Palace in the park.  The Penge & Cator Councillors’ web site has confirmed that ZhongRong’s exclusivity deal expired at the end of January.   The developers have been given 14 days to clarify their intentions.   BBC London has reported that Bromley are demanding a £5 million non-returnable deposit for extending the exclusivity period for a further 6 months.  Bromley Council said that, once the position is clarified, it would consult with local residents on options for going forward.  This could include opening negotiations with other parties interested in developing Crystal Palace if detailed plans are not obtained.

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