Post by jimbo on Mar 6, 2024 7:49:35 GMT
3.1 London Transport Museum (LTM) has been located in the historic, grade II listed flower market building in Covent Garden since 1980. Its location and iconic building are key contributors to success. Post coronavirus pandemic, demand has continued to grow. For the last two years LTM has been London’s third fastest recovering attraction in the post pandemic market.
3.2 However, footfall and income at LTM is now capped by space and capacity constraints. LTM is at capacity at peak times and queues stretch across the Piazza and venue hire is sold out across the year on term time Tuesdays and Wednesdays.
3.3 This paper considers potential future proposals for development of the Covent Garden site.
3.2 However, footfall and income at LTM is now capped by space and capacity constraints. LTM is at capacity at peak times and queues stretch across the Piazza and venue hire is sold out across the year on term time Tuesdays and Wednesdays.
3.3 This paper considers potential future proposals for development of the Covent Garden site.
TfL Finance Committee papers for meeting on 13 March 2024, p. 261 of 302
All other information is concealed in the Exempt supplementary information pages. This is only provided for noting by the Committee, so no decisions needed at this stage.
All other information is concealed in the Exempt supplementary information pages. This is only provided for noting by the Committee, so no decisions needed at this stage.
