ANNUAL rEport 2008 - Tivoli

tivoli Edge
on 28 May 2008, tivoli was finally ready to announce its
plans for tivoli’s perimeter buildings from the Main Entrance
along Bernstorffsgade and round the corner to the
Concert Hall. The project was dubbed “tivoli Edge” and
the aim of the unique building project is to build a bridge
between tivoli and the City outside.
The front facing the streets is made of glass and undulates
alongside the pavement. This creates places to linger and a varied
architectural expression. The front is interrupted by Tivoli’s
existing, older buildings: the Main Entrance and Nimb in phase
1, and, once phase 2 is completed, the yellow house (called Vise
Vers Huset or Bernstorff Huset). Alongside the yellow house
runs the Alley, which was established in 1952 and will continue
to exist despite the changes. The three-story building is
crowned by green roof gardens cascading down through the
terraces towards Tivoli. Facing Tivoli the height of the building
varies and the front is broken by several decks and terraces.
The surface of the front is inspired by the red and yellow tiles of
the Main Entrance.
The US architectural firm of Pei Cobb Freed & Partners was
selected because of its building experience in areas that are especially
sensitive due to a unique history and location. Indeed,
I.M. Pei, one of the founders of the firm, is the architect behind
the famous pyramid in the courtyard of the Louvre Museum in
Paris.
ANNUAL rEport 2008
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Tivoli Edge will comprise a universe of experiences, including
cafés, restaurants, shops and services in keeping with Tivoli’s
traditions. This means that the building will offer something
unique, original and of quality in each area, providing Tivoli’s
visitors with wonderful experiences. The new building will thus
offer new eating concepts, cultural events and shops featuring
design, art and family-oriented products - just as we know it
from Tivoli today.
And just as is the case with Tivoli today, multiplicity, quality
and surprise will be key. Visitors will experience a great diversity
of supply and content with units of many different sizes and
offering many different experiences.
The realisation of the Tivoli Edge project is based on three
assumptions: The right mixture of tenants must be found to
ensure the quality known from Tivoli today. The project construction
economy must be commercially viable. And last but
not least, the project must be politically approved. Tivoli Edge
will now be submitted for approval by the authorities, including
a local plan for the area.
In light of the current economic situation, the Company does
not expect project “Tivoli Edge” to be realised within 2 years as
previously expected. On this basis, the Company has opted to
expense the project (DKK 4.7 million). This technical issue does
not, however, change the Company’s ambition of realising the
project under the assumptions previously indicated.