PARKWAY DEVELOPMENT UPDATE

January 17, 2023 Cabinet (Cabinet collective) Awaiting outcome View on council website
Full council record
Content

 

RECOMMENDED: 

1)  
That Council be recommended to approve
anamendment tothe Capitalbudget estimate from £48.367m to
£54.462m, as detailedin section 9 of the report
through a revised Capital Programme.

2)  
That the Executive
Director (Development Services), in consultation with the Portfolio
Holder for Development & Regeneration and Monitoring Officer
begiven delegatedauthority to approve the final terms of a Project
Partnering Contract (PPC) 2000 with Lovell Partnership Limited
(LPL) under the Major Housing Partnership DevelopmentManagement
Agreement(30 April2015) todeliver thisproject.

3)  
Thatthe Councilshall
disposeof theproperties as set out in Table 1 of the
report, with the affordable and
private rented tenures transferred to the Council’s
wholly owned subsidiariesWest Norfolk Housing Company Limited
(WNHC) and WestNorfolk
PropertyLimited (WNPL).
4)  
That the Executive
Director (Development Services), in consultation with the Portfolio
Holder for Environment, the Portfolio Holder for Development &
Regeneration, and the Monitoring Officer, determine the future
management arrangements for the proposed wildlife and environment
site to the East of the development.
 
Reasonfor
Decision

·               
To deliver on council corporate
objectives: 

·               
Delivering growth in the economy and with local
housing

·               
Protecting and enhancing the environment, including
tackling climate change; deliver on the council’s commitment
to be carbon neutral by 2035;

·               
Improving social mobility and inclusion through
stimulation of economic activity in the local area;

·               
Creating and maintaining good quality places that
make a difference to people’s lives.
·          
To deliver affordable
and private rented (PRS) housing for acquisition by the
council’s wholly owned housing companies to support the
delivery of council corporate objectives
 

Details

Decision date17 Jan 2023