New Crowdfunding Campaign Launched for Hastings Pier

09/05/2018

The architects  responsible for the Stirling Prize-winning rebuild of Hastings Pier have pledged money to a new crowdfunding campaign to take the attraction into community ownership.

dRMM won the prestigious architecture award in October 2017 for its work on the regeneration of the pier and just a month later, the pier went into administration.

The practice has pledged its design and planning application fee for future work on the pier towards the crowdfunding campaign, which aims to raise an initial £500,000 towards buying and running the venue.

A statement on the crowdfunding page said: ‘Friends of Hastings Pier (FOHP) have created a business plan that will keep the freehold of the pier community-owned while transforming it into a profitable and sustainable business.

‘The bid has a real chance of winning, if we can show that we have community support and financial backing.’

The campaign needs to raise £1 million to convince administrators that it has the ability to sustain the pier for two years.

It said: ‘Raising half a million pounds now from individuals and organisations will keep us “in the game” and encourage other funders to invest alongside you to make our pier a success.’

 

 

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