The original 19th-century boathouse, designed by John Oldrid Scott, was destroyed through arson in 1999. After eight years, a new boathouse designed by Belsize Architects was completed in 2007 at a cost of £2.7million. The Boathouse was awarded a Royal Institute of British Architects (RIBA) prize,[3][4] and has enjoyed a very favourable reception in the architectural world. An article describes the structure as not just a boathouse, but "a grandstand of the first order" arguing that it represents a new age in rowing.[5]
The Saturday of Eights Week, the main summer rowing event of Oxford University, in 2007 saw the opening of the new boathouse by then-Chairman of the British Olympic AssociationColin Moynihan, who had coxed for University College and Oxford University, and won a silver medal at the 1980 Moscow Olympics. The ceremony also marked the dedication of the Coleman Viewing Terrace by Jimmy and Jamie Coleman; it is named due to their gift.[citation needed]