NTIA demands “immediate action” to save Boxpark Shoreditch from closure

nme.com:

here.“Boxpark Shoreditch exemplifies the exact issue faced across the country with red tape and restrictive regulatory controls stalling business investment,” said Michael Kill (CEO of the NTIA). “This has to stop.

People are fed up. The new Government has made an amazing start, and I call on them to reach into the local authority and invigorate the local planning department and Hackney Council to find a solution.”Meanwhile, Roger Wade (Boxpark’s founder) has said: “We regret to announce that BOXPARK Shoreditch will be closing.

Despite our relentless efforts in collaboration with the GLA, Hackney Council, and our landlords BGY, we must close due to a planning requirement.

Unfortunately, the developers will not start building immediately, which makes this decision even more disheartening, especially since our neighbours Power league received an extension.“Since its launch in October 2011, BoxPark Shoreditch, the world’s first pop-up, has created over 1,000 jobs, contributed more than £80 million each year to the local economy and over £1 billion since opening, launched hundreds of new independent businesses, and welcomed over 10 million visitors.“We have initiated a campaign to save BoxPark Shoreditch.