I hope the Business Forum and the Economic Partnership in Brighton & Hove are confident that the cost of the project will be fixed at £39m. It wouldn't look good on them if it was anything other than bang on budget.
I've pulled this
From the 2012 report approving the previous £17.8 million loan: “The Council loan will now be capped at £17.8m and the LEP contribution will remain at £3m. The remainder of the funding will, as previously agreed, be contributed by the Equity providers, who will fund £20m of the...
I thought the "painful to observe someone so ingrained with dogma and an inherent lack of imagination, consideration and dynamism" bit was just a little insulting :lolol:
The worst scenario is if Marks Barfield get their figures wrong and go bankrupt, we are liable as guarantors to pay the loan plus interest.
Many people feel that the 800k projected footfall is a bit of a stretch, but it would be good to know what the minimum footfall is to breakeven.
Will there be a discount for hamsters?
Why would you play chess with a pigeon?
I’ve heard some daft analogies in my time but these ones take the Biscuit.
The councils reasoning is to draw more people to Brighton and to spend more money. All of your suggestions are people who are already in, or will come to Brighton anyway, and the i360 will take their money, not local businesses.
I can believe that you will use it in your lunch hour on a regular...
The Blackpool tower costs £9.95 Adult, £7.95 Child. I don't know what it will cost for the i360, I can't find this detail, but I thought I heard a few years ago that it will start at the £20 - £25 mark.
Yep, when the winter weather is like what we have experienced over the last 3 months I very much doubt any usage during that period. It may be busy during the Easter and the Summer Holidays, but the rest of the time will be dependent on weekend visitors.