Building for Lewisham (BfL) Programme Update

December 6, 2023 Mayor and Cabinet (Other) Key decision Approved View on council website
Full council record
Content

Having considered both open and closed officer reports, Cllr
Dacres MOVED, Cllr Barnham SECONDED and it was
RESOLVED:
 
To approve
1.   
The revised key milestones, progress update and financial position
of the new build development programme. This includes sites on hold
pending review, new additions with latest scheme cost estimates and
revised viability assessments.
2.   
The budget implications to the HRA and GF as set out within part 2
of this report.
3.   
The Total Scheme Cost for the Single Homeless Project (SHAP) and to
accept the associated grant from the GLA and the use of Public
Health Capital funding and to delegate approval of the terms of the
grant funding agreement to the Executive Director of Place, in
consultation with the Director of Resources and Director of Law and
Corporate Governance.

And to note
1.   
Background to the Building for Lewisham development programme as
agreed by Cabinet in January 2020.
2.   
An updated development programme with latest amendments including
pausing of sites Hensford Road, Markwell, Evelyn,
Dacres, Home Park, and Edward Street. Revised programme financial
impacts and out turn within part 2 of this report.
3.   
Note Planning submission forecast on approved sites identified
within programme summary appendix 4 of this report.
4.   
The development and regeneration progress update, key changes,
challenges, and risk.
5.   
The intended outcome to bring forward a pipeline of new, more
viable development sites. Each site to be approved on a
scheme-by-scheme basis prior to planning submission.
6.   
The risks and market challenges highlighted impacting the delivery
of the programme and note that a report will return to Mayor and
Cabinet on a quarterly basis to monitor progress.

Supporting Documents

Mayor Cabinet sign off sheet - BFL Update 06.12.23.pdf
Part 1 BfL Programme Update - FINAL Draft.pdf
Appendices 1 2 and 3.pdf
Appendix 4 Programme Summary Cabinet report 003.pdf
Appendix 5 Development Assumption Paper - JV.pdf

Details

OutcomeRecommendations Approved
Decision date6 Dec 2023