PROCUREMENT OF A JOINT VENTURE DEVELOPMENT PARTNER

September 19, 2023 Cabinet (Cabinet collective) Approved View on council website
Full council record
Content

(i)           
That the progress made to date with the procurement
exercise for the Joint Venture Development Delivery Partner
redevelopment plans for key town centre sites be noted;
 

(ii)         
That the benefits of the Capital and Centric
operating model as set out in Paragraph 2.14-2.21 of this report be
noted;
 

(iii)        
That the procurement through a direct award under
the Pagabo Development Management
Framework of Capital and Centric, be agreed,  to develop plans and development business cases
for the York Place and Midway Car Park sites, at a cost not
exceeding £256,500;
 

(iv)        
That the Deputy Chief Executive, in consultation
with the Portfolio Holder for Finance, Town Centres and Growth, and
Portfolio Holder for One Council, People and Partnerships be
authorised to progress discussions with third parties for the sale
or lease of a portion of the York Place site;
 

(v)         
That the Deputy Chief Executive, in consultation
with the Portfolio Holder for Finance, Town Centres and Growth, and
Portfolio for One Council, People and Partnerships be authorised to
undertake the necessary preparatory work for the closure of the
Midway Carpark in autumn 2024.
 

Supporting Documents

Town Centre Regeneration 1.pdf

Details

OutcomeRecommendations Approved
Decision date19 Sep 2023