Empty Elephant building is costing Coventry taxpayers staggering £400,000 a yearCoventry taxpayers are forking out £400,000-a-year while the city’s Elephant building remains empty, it has been admitted.
The Coventry Sports and Leisure Centre, which the Elephant forms part of, shut in February 2020 after it was deemed “no longer fit for purpose”.
Although an ‘exclusivity agreement’ has been struck between the council and developer Rainier Developments to draw up new plans, it has sat empty ever since.
The site eventually appeared on the rental market open to expressions of interest this month, however figures obtained by BBC CWR have now found it has cost taxpayers £400,000-a-year just to keep it mothballed.
Cabinet member responsible Cllr Jim O’Boyle has insisted there is “no rush” to resolve its future despite the cost, however critics have questioned whether it is a bill taxpayers will foot for “years to come”.
“It is true there is an ongoing cost in order to keep those premises free from vandalism and safe,” cabinet member for jobs and regeneration Cllr O’Boyle told full council on Tuesday, June 22.
“Yes there is an ongoing cost and officers advise that is to the tune of £400,000, not something we’re particularly keen to spend but in order to make proper the decision carried out by the council its right that we go to market as indeed Rainier are doing at the moment to get expressions of interest.”
When further questioned by the opposition Conservatives on his previous comments that there was ‘no rush’ to find a use for the site, he added: “I am not going to rush a decision on this until we have done the work properly. That would be ill-advised and not in the best interest both of the local authority but more importantly not in the interests of the taxpayer.
“Whilst at the moment it is frustrating, I think it is worth doing that work and proper full due-diligence in getting an opportunity to then bring forward potential opportunities in the near future.”
Speaking after the meeting, he said: “It is quite astounding that the cabinet member considers there to be ‘no rush’ to find a future use for the Elephant, and attached swimming baths building, in light of the current £400,000 bill to keep the building empty.
“Following comments made by the cabinet member in full council the future of the building appears extremely uncertain with council taxpayers likely to be footing the bill for some years to come.”
