Archinect - News 2024-11-14T12:08:34-05:00 https://archinect.com/news/article/150051114/drmm-s-stirling-prize-winning-revamped-hastings-pier-is-already-for-sale dRMM’s Stirling Prize-winning, revamped Hastings Pier is already for sale Mackenzie Goldberg 2018-02-21T17:47:00-05:00 >2018-02-21T17:48:01-05:00 <img src="https://archinect.gumlet.io/uploads/oe/oer331h7qzgd5uwp.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Property firm GVA said it was open to offers after being asked to find a buyer for the transformed Sussex coastal landmark. The charity behind dRMM&rsquo;s much-loved refurbishment of the pier went into administration last year. Now the administrators have appointed GVA to sell the asset.</p></em><br /><br /><p>The charity responsible for restoring and running <a href="https://archinect.com/dRMM/project/hastings-pier" rel="nofollow" target="_blank">Hastings Pier</a>&mdash;the once derelict landmark whose &pound;14.2 million rebuild&nbsp;won this year's <a href="https://archinect.com/news/bustler/5824/riba-shortlists-6-buildings-for-2017-stirling-prize" rel="nofollow" target="_blank">RIBA Stirling Prize</a>&mdash;has been forced to put the property up for sell after experiencing some financial difficulties.&nbsp;<a href="https://www.architectsjournal.co.uk/news/client-behind-drmms-stirling-prize-winning-hastings-pier-goes-bust/10025630.article" rel="nofollow" target="_blank">According to the&nbsp;Architects' Journal</a>,&nbsp;last year, the charity failed to&nbsp;agree a new three-year business plan with the Heritage Lottery Fund, Hastings Borough Council and East Sussex County Council&nbsp;in order to become self-funding.</p> <p>Due to the charity's insolvency, administrators Smith &amp; Williamson were appointed back in November in hopes of ensuring the pier's future. They have now put the property firm GVA in charge of selling the 145-year old pier, which will remain open throughout 2018 with funds from HLF already allocated to the project.&nbsp;</p>