The Factory secures Lottery funding
The flagship cultural venue for the North designed by Rem Koolhaas’ Office for Metropolitan Architecture, has been awarded a £7m lump sum by Arts Council England, and £9m annual revenue from 2018-22.
The capital funding will be paid to Manchester City Council. The total capital cost of the project is £110m, made up of £78m funding from the Government, up to £20m from Manchester City Council, the Lottery funding announced today and a minimum fundraising target of £5m.
Manchester International Festival, the operator for Factory, has been awarded £9.7m per year, of which £9m is for The Factory, and £730,000 is for the continuation of the biennial festival.
The Factory project is OMA’s first major public building in the UK, led by project partners Ellen van Loon, Rem Koolhaas and David Gianotten.
Enabling works for the building are expected to start next month, on the site of the former ITV Granada Studios.
The Factory is part of Allied London and Manchester City Council’s emerging St John’s neighbourhood.
It’s not for the north, it’s for Manchester.
By Mike
So that’s £78 7 (9×4) = £121m grant funding. Generous! Nice work if you can get it.
By Deebee
Great news. Can’t wait to see this finished!
By David
Fantastic News!!!
By .
Fantastic news!
By Mb
Looks cheap..but
By Bob
Where else do you think it should be located then Mike?
By Anonymous
No problem with it being located in Manchester. But let’s not pretend it’s anything other than a gift of over £100m from HMG to Manchester. It does nothing for Liverpool, instead simply representing yet another insistence that whatever Liverpool has Manchester must be seen to have more of.
The tory minister recently spouting off to a Liverpool uni student about billions being invested in the northern powerhouse is what I’m talking about. It’s offensive.
By Mike
Great, but now they need to get building, it’s taking agggges.
By Golden Touch
How much have HMG gifted to Liverpool in writing off the debt of ‘National’ Museums Liverpool group?
This does nothing for Manchester or anywhere else but simply continues state patronage of cultural provision in Liverpool, treating it as a special case regardless of what it contributes or how well it’s run.
By Just askin'
@just asking, why don’t you just google it?
By not telling!
It takes 40 minutes on a fast train from Liverpool to Manchester and about an hour from Leeds. I can appreciate people feeling left out in Newcastle, but you can get to this from Liverpool in about the same time as it takes to get from Bury on a bus. When is this parochialism going to stop? God it is pathetic.If Liverpool gets the Commonwealth games, I for one will be glad I can go and watch sport of a high standard, within an hour of where I live. Are they not opening a new Shakespeare theatre on Merseyside? Good for Prescot and even better for the wider North West.
By Elephant
@just asking, I refer you to Elephants post, about sharing our heritage, we have visitors from all over the world visiting the NML, including the NW, so don’t be shy in Manchester come on over you’ll be very welcome.
By on the dock
I do a lot of work for NML, in Manchester. They use us for looking after the employee benefits and financials.
By York Street