Lord’s cricket ground owner, Marylebone Cricket Club, has announced that it is to enter into a period of exclusive discussion with Mike Hussey’s Almacantar, relating to the potential development of residential property around the club.
The focus of the development will be at the Nursery Ground End and will include residential opportunities on MCC’s leasehold land.
Almacantar beat competition from Capital & Counties and Native Land to become MCC’s preferred development partner.
MCC secretary and chief executive Keith Bradshaw said: “We have been impressed with the quality of Almacantar’s submission, which demonstrates a high degree of inventive thinking; something entirely appropriate for such an iconic venue as Lord’s.
“We will now work with it through the exclusivity period to shape the emerging proposals for the Nursery Ground, Indoor School and residential opportunities so that we can refine the financial model before presenting back to committees.”
Almacantar managing director Mike Hussey added: “”Lord’s is a project that fits perfectly with our experience of developing some of the largest mixed use schemes to the very highest standards in London.
“I am looking forward to forging a long-term, successful partnership with MCC, underpinned by our common commitment and enthusiasm for delivering a fabulous scheme to a Ground as unique and iconic as Lord’s, the globally recognised home of cricket.”
samantha.mcclary@estatesgazette.com
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