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'All bids' for Bournemouth site rejected
Bournemouth Borough Council (BBC) has revealed that none of the bids submitted for the redevelopment of the resort's waterfront building had met its "aspirations" for the site.
The local authority is seeking to transform the former IMAX cinema building into a new all-weather leisure attraction for the town but will not be pursuing any of the bids received. A venture between BBC and Morgan Sindall Investments - the Bournemouth Development Company - is now looking at the possibility of developing the site sooner than planned.
BBC deputy leader John Beesley said: "Unfortunately, none of these bids sufficiently fits with our aspirations or achieves an acceptable balance between leisure attractions and commercial uses."
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