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Waterside could be delivered and operational within 24 months of planning permission being granted.
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Waterside would be repurposed for sustainable housing, floated down the Thames to an alternative site.
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Waterside would be constructed entirely in the UK, drawing from all four nations and utilising our partners’ unique skills to deliver a carbon-negative Parliament building - the first in the world!
All deliveries will take place by using barges/boats on the River Thames, providing an extremely low-carbon footprint.
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Unlike the current Parliamentary estate, Waterside will be fully accessible, with parity of access for all.
Public access is also baked into our design - it is crucial that this programme does not limit accountability or accessibility to this mother of Parliaments.
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Waterside is a flexible solution - our base design would provide more than enough space to accommodate the House of Commons and House of Lords, voting lobbies, restaurants, meeting rooms, and public access too.
But most importantly - and unlike any other option being considered - Waterside can be what Parliament needs it to be as it is entirely flexible. Rather than converting listed buildings at huge cost for a temporary solution, it can be delivered at considerably lower cost than the alternatives within 24 months, and be designed from the ground up to support Parliament’s essential work.
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Waterside would meet the highest security specifications, featuring blast proof glass and a defensive barrier circling the building, keeping Parliamentarians and the public safe, while enabling public access to the site.
It would not be possible by repurposing existing buildings to achieve the same security by design.
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Unlike other options - like a decant to Richmond House or the QEII Centre - Waterside would not require old buildings to be repurposed at large cost and over significant time.
The other option being considered - a partial decant where either the Commons or Lords remains in the Palace through the restoration process - would be costly, add years to the programme, and risk workers’ health as they deal with tricky problems such as asbestos in an environment that is compromised by still being partially in use.
Waterside is the only option which could be delivered within 24 months, cutting costs considerably, getting the programme moving, keeping Parliament’s staff employed, and ensuring that restoration staff are working as safely as possible.
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Waterside could be delivered for considerably less than any of the other proposed options.
This is because Waterside would not require any capital spend - instead it would be leased at a low annual cost and then repurposed for housing at the end of its life.
The project would be delivered quickly, meaning that the restoration of the Palace of Westminster could be accelerated and begin in earnest. Currently around £2million is spent every week on maintenance in the estate.