The Future
Fairfield is run by a self-financing charity. It was in receipt of an operating grant from Croydon Council of nearly £1m up until 2005 when the grant was removed completely due to financial difficulties at the Council.
However Croydon Council, the freeholder of the land, has had various plans to refurbish Fairfield over the years but none of these plans have ever come to fruition. The latest development scheme to fall through involved the development of College Green Next to Fairfield. This was this latest in a long line of grand plans for Croydon to come to nothing.
The long-term commercial viability of the Fairfield was threatened by the local council's proposed development of an 12,500 seater arena on the Croydon Gateway site next to East Croydon Station. The council-backed scheme included a multi-use arena that would target the same income-generating markets that keep Fairfield alive today. On 30 July 2008 the Arena Public Inquiry finally concluded that an Arena was not financially viable. Planning permission and the compulsory purchase of the land were rejected. Croydon Council continues to seek an Arena.
Read more about this topic: Fairfield Halls
Famous quotes containing the word future:
“We live in an age when to be young and to be indifferent can be no longer synonymous. We must prepare for the coming hour. The claims of the Future are represented by suffering millions; and the Youth of a Nation are the trustees of Posterity.”
—Benjamin Disraeli (1804–1881)
“I shall soon be six-and-twenty. Is there anything in the future that can possibly console us for not being always twenty-five?”
—George Gordon Noel Byron (1788–1824)