Redevelopment of the main ground will still go ahead, in line with the diagrams submitted by the cutting-edge Swiss architects Herzog and de Meuron.
But for the moment, the only areas that will be extended are the Compton and Edrich stands, the uncovered seating blocks on either side of the famous Media Centre. These will take in an extra 3,500 seats, lifting capacity to 32,000.
The other stands in need of overhaul are the Tavern, the Warner and the Allen, but these are more likely to be modernisations than expansions, unless attendances suddenly pick up.
The overall budget is hard to pin down, as the project will take at least a decade to complete, but current projections place it between £140 million and £190 million — a subtle shift from initial forecasts of well over £200 million.
The planning behind what the MCC call their “Vision for Lord’s” began in 2007, before the credit crunch hit home. It was also a time when Lord’s could confidently expect to land two Tests every summer, but this has now been thrown into doubt by the arrival of Cardiff’s Swalec Stadium and the Rose Bowl as Test grounds.
The expansion of the ground was always provisional, based on the surety of Test-match cricket in the future. But the MCC have not been able to win any guarantees from the England and Wales Cricket Board, and the whole structure of the Test bidding process is being reviewed by the consultancy firm Deloittes.
The climate of uncertainty in sport extends beyond cricket, with attendances at some Premier League football grounds shrinking under the pressure of economic austerity. Wolverhampton Wanderers, for instance, may have to reconsider their plan to add 8,000 seats to Molineux when they are struggling to sell out the 29,000 they already have.
Back at Lord’s, another part of the MCC’s vision involved building five towers of flats along the Wellington Road side of the ground, and using the resulting income to set up an underground complex — probably housing an indoor cricket centre and a sports-injury clinic — beneath the Nursery Ground.
While sporting attendances may be in flux, the value of property in St John’s Wood remains at a premium, and the MCC are pressing on confidently with the most eye-catching parts of their scheme.
They have commissioned dramatic artists’ impressions showing steps leading to a catacomb underneath the Nursery Ground pitch — a complex that is likely to offer a new home to the venerable Lord’s museum. The drawings also suggest that the patchwork of buildings behind the pavilion side of the main ground may be razed to create an extended version of the Coronation Gardens.
Lord’s already attracts many spectators because it is seen as a special day out — an asset that helps it bring in decent crowds during B-list fixtures such as the recent neutral Test between Pakistan and Australia. These improvements are only likely to add to its appeal.
The major building project will open up the railway tunnels underneath the Nursery Ground to release a massive quantity of valuable NW8 real estate.
The MCC confirmed that they are currently evaluating tenders from three shortlisted development companies in their search for the ‘Vision for Lord’s’ partner.
Almacantar, Capital & Counties and Native Land have now submitted their financial proposals and the club are about to begin the process of deciding which version they favour, starting on Monday. But the project still has a lengthy road to travel before the diggers arrive on site.
“Evaluating the financial proposals for this first phase is a very detailed process and these tenders will be carefully considered over the coming weeks,” said Keith Bradshaw, MCC secretary and chief executive.
“In all our deliberations, and as we question the developers in response to their bids, we must be mindful of the long term economic picture and the changing nature of the game itself.”
Planning permission has yet to be applied for, on the basis that the Herzog and de Meuron diagrams are bound to be adjusted — to a lesser or greater extent — by whichever developer is awarded the contract. And even before that can happen, the members will have to approve the blueprint for the project. That consultation is expected to begin early in the new year.
The best laid plans...
The residential development: Five tower blocks, comprising 156 homes that add up to 380,000 square feet. With a 30 per cent premium above the going rate for St John’s Wood, the value of the property would be in about £750 million.
The Nursery Ground basement: To contain an indoor cricket centre and the museum, as well as a pavilion and bar. The Nursery Ground to grow by 20 per cent, allowing first-class cricket to be staged, easing fixture congestion.
Access: The wall around Lord’s to be replaced with railings, creating a less forbidding exterior. Plans to create a dedicated Lord’s station in the disused Chiltern Line tunnels have have been dropped.