Our London office is advising on a £28 million deal to build Britain’s biggest indoor snowsports destination on an 11-acre site next to The Trafford Centre near Manchester.
The £28million venue – Chill Factor E – is due to open in 2006 and will cover 23,225sq m (250,000sq ft) with two distinct environments, Chill-down and Warm-up, which combine to create an alpine atmosphere.
As well as real snow slopes for skiing, snowboarding, tobogganing and ice climbing, the centre will house a rock-climbing wall and an indoor skateboard park, along with retail outlets, bars and restaurants.
Plans for the Chill-down zone feature three separate but inter-connected snow slopes – with difficulty levels designed to indulge the expert or nurture the skills of the novice and a piste measuring 40 metres at the take-off point, widening to 100 metres at the foot. The overall length will see 180 metres of real snow, with a downhill drop from top to bottom of some 40 metres.
Martin Savage, director of corporate finance in London said:
“This exciting venture has an impressive management team lead by an experienced operator. Peter Moore, the Chairman, was responsible for launching and developing Center Parcs in the UK in 1986 and before that repositioned Alton Towers as an internationally renowned theme park.”
Alongside Peter is David Sterland who was instrumental in developing Xscape Milton Keynes, the world’s first integrated retail and real-snow slope development.
Bob Brigham of Ellis Brigham, Britain’s biggest winter sports retailer with sixteen outlets throughout the UK, completes the team alongside Andrew Lockerbie, an internationally renowned ski instructor who was managing director of Wycombe Summit, England’s largest artificial ski slope. The planning application is being made jointly with Peel Holdings plc.
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