The ambitious and seemingly well-supported plans to reconstruct London’s iconic Crystal Palace have been abandoned. As reported by the BBC, Chinese developer ZhongRong Group, who was leading the project, failed to meet the required criteria and 16-month deadline set by the south London Bromley Council, resulting in the project’s demise.
The original glass palace, designed as a prefabricated modular structure by Sir Joseph Paxton, was built in 1851 at Hyde Park, prior to being relocated to Crystal Palace in 1854. In 1936, the structure was destroyed by fire.
More about the Council's decision, after the break.