The Trust was formed in order to become sole custodians of the park and to be a major stakeholder in the Park’s Regeneration Plan, led by the London Borough of Bromley. Here we provide key information and links about what will happen and when.
Visit London Borough of Bromley’s Regeneration Plan website
View the Regeneration Plan Map
Image above: Palaeotherium magnum, an extinct mammal distantly related to horses.
Supported by Crystal palace Park Trust
The aspiration is to reinstate Crystal Palace Park as a place of fun and recreation in the spirit of Paxton’s vision, celebrating excellence in landscape and horticulture and providing facilities and events in-keeping with a park of international significance.
The Regeneration Plan
In 2016, AECOM were appointed to develop a plan for the physical regeneration of the park.
The plan identified the following regeneration aims for the park:
- To reinvigorate Crystal Palace Park as a contemporary and historic showcase in tune with Paxton’s vision and create a place of discovery, learning recreation and fun.
- To develop the park’s local and regional identity, and re-establish its national and international significance
- To provide community benefits through both facilities within the park and connections to local facilities and the economy
- To deliver a contemporary, financially and environmentally friendly, sustainable plan, securing the long-term future of the park.
The priorities for the park’s physical regeneration are:
- To repair and improve infrastructure throughout the park
- Conserve and interpret historic assets in the park
- Reconnect and open up the central walk/Paxton axis through the park
- Restore the architectural presence and grandeur of the terraces
The physical regeneration must:
- Work within the capital budget available
- Deliver the regeneration aims and priorities
- Respond to community engagement
- Respond to business plan findings and opportunities for income generation
- Work, where possible, within the planning principles established by the 2007 Masterplan.
- Business model
We commissioned specialists Fourth Street to work up a business model for the park which is based on market research and analysis. This work has identified that an endowment fund is likely to be required for the park to bridge the gap between the anticipated income and expenditure.
A new form of governance
Crystal Palace Park Trust are key stakeholders within the Regeneration Plan and will become sole custodians of the park from 15 September 2023. The trust was incorporated as a Private Company Limited by Guarantee (Company No. 11360503) in 2018 and received charitable status in January 2021 (Charity No. 1193331).
Find out more about Crystal Palace Park Trust here.
Read the full Regeneration Plan here.