Purpose

As part of the MTFP, the Council is required
to secure capital receipts of £71m over 5 years.
The Temple Square site is a key regeneration site and a valuable
asset that can make a significant contribution to achieving that
target and meet the Council’s corporate objectives and
commitments. A key requirement of the sale was completion by the
end of March 2024.
The site is located within the Temple Quarter regeneration area and
sale to Homes England will support the wider development and
regeneration proposals for the area and ensures that the site is
retained by a public sector partner who is committed to the
comprehensive redevelopment of Temple Quarter in line with the
Joint Delivery Vehicle Partner ambitions. The site will be included
in the future procurement of a development partner for Temple
Quarter.

Content

Approve the sale of the Temple Square site to
Homes England.
3.