The grandiose plan to rebuild the Crystal Palace, which housed the Great Exhibition of 1851, launched with great fanfare nearly a year and a half ago by Boris Johnson, the mayor of the Greater London Authority, appears to have stalled.
On Sunday, the 16-month exclusivity period granted to the China-based Zhongrong Group lapsed without any sign of a planning application or design for the site in southeast London.
The group has proposed building a £500m “cultural destination” on the same scale as the original Victorian glass and iron structure which burnt down in 1936.
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