IPW… worked alongside our partners Holmes Miller and Gardiner & Theobald to develop the funding and delivery strategy for the proposed new 10,000 capacity home of Cornish Pirates RFC and Truro City FC.
Following our initial feasibility study, which included assessing the suitability of 25+ sites against an evaluation matrix and development of the facility mix, we prepared a range of business plan scenarios and advised on innovative funding strategies to deliver the new facilities.
We led the creation of Cornwall Community Stadium Limited (CCSL) as a body to fund and progress the project’s delivery and the stadium’s ultimate management company – owned by Cornish Pirates, Cornwall Council, Truro College and Inox (site developers).
The innovative partnership with Truro College (who will establish a base in the main stand to dual use the space) is a key solution to maximise stadium use and overall project funding.
The scheme has achieved planning approval.