NEWS
Tottenham Hotspur receives final go-ahead for £400m stadium plans
POSTED 14 Jul 2014 . BY Tom Walker
An artist's impression of Spurs' new home
Tottenham Hotspur Football Club (Spurs) has received final approval for its plans to build a 58,000-capacity stadium in north London.

Communities minister Eric Pickles has now approved a compulsory purchase order – made by London Borough of Haringey – which will enable the £400m Northumberland Development Project (NDP) to continue to proceed.

In a statement, a club official said: “We’re pleased to announce that the Department for Communities and Local Government has confirmed the Compulsory Purchase Order (CPO) made by Haringey Council in respect of the remaining land required for the stadium. This is a very significant step in the CPO process.

“We’ve used the intervening period productively and have refined detailed design of the stadium in order to ensure it is future-proofed and optimised. We shall provide our supporters with a further update and timeline on the NDP as soon as we are able to do so.”

NDP is being developed in partnership with Spurs and local authorities and includes the stadium as well as 200 homes, a hotel, a retail area and a public square for community events such as ice skating or street markets.

Spurs is hoping to have its new stadium ready for the start of the 2017-18 season.
PROJECT PROFILE:

Tottenham Stadium development
The £400m (US$644m, €498m) stadium will act as the centrepiece of a wider regeneration of the area. The Northumberland Development Project master plan by the London-based KSS Group will include 200 homes, a hotel, a retail area and a public square for community events such as ice skating or street markets. It will be funded by a £350m (US$538m, €475m) bridging loan facility from HSBC if there is a shortfall until permanent financing or the next stage of financing is obtained.

Location: London , United Kingdom
Budget: £400m

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14 Jul 2014

Tottenham Hotspur receives final go-ahead for £400m stadium plans
BY Tom Walker

An artist's impression of Spurs' new home

An artist's impression of Spurs' new home

Tottenham Hotspur Football Club (Spurs) has received final approval for its plans to build a 58,000-capacity stadium in north London.

Communities minister Eric Pickles has now approved a compulsory purchase order – made by London Borough of Haringey – which will enable the £400m Northumberland Development Project (NDP) to continue to proceed.

In a statement, a club official said: “We’re pleased to announce that the Department for Communities and Local Government has confirmed the Compulsory Purchase Order (CPO) made by Haringey Council in respect of the remaining land required for the stadium. This is a very significant step in the CPO process.

“We’ve used the intervening period productively and have refined detailed design of the stadium in order to ensure it is future-proofed and optimised. We shall provide our supporters with a further update and timeline on the NDP as soon as we are able to do so.”

NDP is being developed in partnership with Spurs and local authorities and includes the stadium as well as 200 homes, a hotel, a retail area and a public square for community events such as ice skating or street markets.

Spurs is hoping to have its new stadium ready for the start of the 2017-18 season.



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