Operator Update

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Our focus over the past two years has been to secure the right commercial operator deal and the core funding to allow the project to succeed.

Whilst we cannot reveal who we are negotiating with, in terms of operating the venue or the funding, we can say that these negotiations are encouraging and indeed exciting. By the middle of this year we expect to have the core elements in place to allow the project to commence and to begin the process of bringing the Odeon back to life.

Furthermore, the U.K. market for live venues is changing rapidly, with new groups entering. This is giving us greater opportunities to ensure that we get the right commercial partner, not just for the Odeon but for the city of Bradford as a whole. We are determined not to sell short the venue or the city and if that means it takes longer to secure the right commercial deal, then we think that is time well spent.

 


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