A new Crystal Palace on “the same size and scale” as the original gigantic iron and glass structure is to rise again on the south London site.
The surrounding public park is also to be restored “to its former glory through landscaping, planting and new and improved facilities for the public,” a spokesman for Chinese investment firm, ZhongRong Group, said.
Mayor of London Boris Johnson welcomed the development, saying south London “will once again acquire a world-class cultural attraction”.
The original Crystal Palace was designed by Joseph Paxton for the 1851 Great Exhibition in Hyde Park. It was later expanded and relocated to south London, but was destroyed by fire in 1936. The area became known as Crystal Palace.
Crystal Palace was built by Joseph Paxton for the 1851 Great Exhibition in Hyde Park (Photo: REX FEATURES)