Factory International, the huge arts centre being built in Manchester city centre, has blown past its budget again.
The building is set to be a world-leading theatre, performance space and cultural hub, and unveiled its opening programme just last week.
Plans for the unique structure, which boasts 21m-high ceilings and an enormous warehouse-style space that can be divided up for different audiences, were first announced in 2016.
Back then, its total budget was set to be £110m and its opening date was pencilled in for 2019.
Now, it’s looking at a total cost of £210.8m – almost double its original budget – and a completion date in 2023.
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The flagship arts centre requires an additional £25.2m to complete the work on site, as construction costs skyrocket.
When it is completed, it’s expected to create or support around 1,500 jobs, attract 850,000 visitors a year, and contribute around £1.1bn to the economy over a decade.
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Factory International will be programmed and operated by the team behind Manchester International Festival, and will act as a permanent home to the roving arts festival.
A report published on Factory International yesterday described the ‘extremely challenging wider environment the project is being delivered in’, from workforce shortages to supply chain issues to high levels of inflation.
It cites figures from the Department for Business, Energy and Industrial Strategy (BEIS), which show a 26.4% increase in prices for all construction work since June 2021.
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This includes a 58.2% increase in the price of concrete reinforced bars, a 46.3% increase in the cost of fabricated structural steel and a 28.3% increase in the cost of precast concrete products.
The report states: “While the existing budget made reasonable allowances for contingencies, it could not have predicted the exceptional circumstances with steep levels of inflation and considerable supply chain challenges that are still being experienced as Factory International approaches its opening in June 2023.”
The Executive and Manchester City Council will be asked to approve a budget increase of £25.2m, £10m of which will come from contingency funding set aside in the Council’s capital budget. The rest will come from borrowing.
More than £105m of the £210.8m total budget is funding from the Government and Arts Council England.
£55.4m has come from Manchester City Council, with the remainder coming from commercial and philanthropic fundraising.
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Separately, the local authority will also underwrite Manchester International Festival’s increased costs for the fit out of the building which have also been driven up by soaring inflation by up to £7.8m. This is ‘critical to enable the venue to operate’.
The Council hopes that selling the long-term naming rights agreement for Factory International will help to recover a significant proportion of the costs.
Cllr Luthfur Rahman, Deputy Leader of Manchester City Council, said: “Factory International will be an incredible asset for Manchester. Not only will it strengthen the city’s reputation as a nationally and indeed globally important centre for the arts, it will also help stimulate and sustain our fast-growing cultural sector which contributes £1.4bn to our economy every year. It will act as a major training centre for Manchester people pursuing careers in the arts.
“Factory International will further create and support jobs in the hospitality sector by attracting hundreds of thousands of visitors to the city every year. Sitting in the heart of the St John’s Quarter it has already helped attract investment and job creation here and will continue to do so.
“It will be inclusive and inspiring – with plenty of free and low cost events and opportunities for Manchester people to get involved – as participants as well as audiences.
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“It’s an audacious project and with that comes challenges, especially when set against a volatile economic backdrop, but the ongoing benefits for many years to come will far outweigh the one-off cost. We must not lose sight of that.”
The report will be considered by the Council’s Resources and Governance Scrutiny Committee on 11 October and the Executive will be asked to approve the increased budget when it meets on 19 October.
Featured image: OMA 24
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Co-op Live boss resigns just days before venue’s official opening
Daisy Jackson
The boss of Co-op Live, Manchester’s enormous, ground-breaking new arena, has resigned from his position just days before the venue is set to open.
The enormous music-first arena has been taking shape beside the Etihad Stadium for several years, and was due to welcome its first official audiences this week, but has been hit with last-minute challenges.
And now Co-op Live‘s boss Gary Roden has quit the mammoth project, with the news of his resignation announced late Thursday evening.
Oak View Group, which Co-op Live is part of, said in a statement that they would like to ‘thank Gary for his help bringing the UK’s newest arena to live entertainment fans’.
Stepping into his shoes as interim general manager will be Rebecca Kane Burton, who previously ran the U.K.’s highest-grossing venue, London’s The O2 arena.
Gary has previously come under fire for saying that some grassroots music venues ‘poorly run’ – a statement that OVG has now distanced itself from.
A separate statement said that ‘neither Co-op Live nor Oak View Group share the sentiment expressed by former Co-op Live General Manager Gary Roden regarding the grassroots industry’.
It continued: “As OVG Chairman and CEO Tim Leiweke has repeatedly stated, Co-op Live remains committed to grassroots music in Manchester and beyond, including teaming up with Mayor of Greater Manchester Andy Burnham on the Artist of the Month campaign, and as a founding partner of Beyond The Music.
“Co-op Live also donates over £1m a year to the Co-op Foundation to support communities and empower young people to take social action through its new Young Gamechangers fund.
“Oak View Group and Co-op Live remain happy to meet with grassroots organisations once the venue is fully operational.”
The news of the venue’s boss stepping down comes at a time when all eyes are on Co-op Live, the opening of which has been delayed.
The venue did host a test event with Rick Astley last weekend, but even that faced difficulties, with thousands of tickets cancelled to reduce capacity just hours before showtime.
It’s now set to officially open this Saturday 27 April with a performance by rock group The Black Keys.
The full statement from OVG about Gary’s resignation said: “Gary Roden has decided to resign. We’d like to thank Gary for his help bringing the UK’s newest arena to live entertainment fans and wish him the best for the future.
“Rebecca Kane Burton has been named Interim GM, effective today. Rebecca is a seasoned veteran of venue management and live entertainment in the UK having served as VP/GM of The O2 from 2012-2016 and CEO of LW Theatres from 2016-2021.
Tailgaters and middle lane hoggers warned to change their ‘dangerous’ driving style
Emily Sergeant
A warning has been issued to tailgaters and motorway middle lane hoggers urging them to change their ‘dangerous’ driving style.
Do you find yourself guilty of two of the biggest driving sins from time to time?
Well, according to the latest figures released by National Highways, one in three motorists have admitted to middle lane hogging in their lives, while one in four have committed acts of tailgating on some of the UK’s fastest roads.
These shocking survey findings – which were released back in early March as the Government-owned road management company launched a new campaign – showed that lane hogging was among the behaviours that are most likely to cause motorists and passengers to feel ‘frustrated’, and tailgating was most likely to cause feelings of unease, stress, and anxiety.
Nearly a third (32%) of drivers admitted to lane hogging ‘at least occasionally’ while driving on England’s motorways and major A roads, according to the survey – which polled 2,500 adults between the ages of 16-75.
On top of this, almost seven in ten adults in England (67%) said close following or tailgating is a ‘serious problem’ on these types of roads, but nearly a quarter (23%) admitted to doing it from time to time.
Tut-tut.
Tailgaters and middle lane hoggers have been warned to change their ‘dangerous’ driving style (Credit: IPTC/Ronald Hudson)
It’s these very statistics which have led National Highways to issue an urgent warning that calls on these motorists to “carefully consider” their driving habits, as “little changes can change everything”.
Lane hogging and tailgating both fall under the offence of ‘careless driving’ in England, with the country’s police forces having the power to hand out on-the-spot fines of £100 and three penalty points to those who commit such offences.
“Middle lane hogging and tailgating are far more than mere annoyances for drivers,” warned RAC road safety spokesperson, Rod Dennis, adding that these actions “put everyone on the roads at risk.”
If you’re too close to the vehicle in front, you’re tailgating. This is very dangerous and could lead to a collision. Always leave at least a two-second gap and make sure you follow the advice from The Highway Code.
He continued in his reaction to the release of the latest National Highways figures: “Closely following another motorist could easily result in a serious collision should the driver ahead need to brake sharply for any reason, so the fact nearly one in four drivers admitted to doing so on some of England’s fastest and busiest roads is frightening”.
Mr Dennis said he understands that offenders “might find these habits hard to kick”, but that’s why the urgent calls for motorists to make changes are “so important”.
“By understanding that how we choose to drive affects others, we can each make a real difference to the safety of our roads,” he concluded.