Purpose

The Toutley East Development comprises the
delivery of a new dementia care home, housing development and
supporting infrastructure. This report provides an update on the
Toutley East Development from that previously given to the
Executive in July 2022, including changes in the financial
assumptions resultant from changes in the market. In addition,
recommendations are made with respect to the residential delivery
model.

Content

RESOLVED that the
Executive:
 
1)   
Agreed to the cessation of the construction of a
care home as part of the Toutley East strategic masterplan as
previously approved, whilst the viability of alternative delivery
models for the care home are explored.

 
2)   
Approved the development of the land for residential
including the provisions for affordable housing and Community
Infrastructure Levy as set out in the report
 
3)   
Noted that further market testing would be
undertaken on the costs and values of energy efficient residential
development in excess of current policy and building regulations,
up to and including Net Zero Carbon design, to input into the
delivery model decision.
 
4)   
Noted the risks and opportunities of the delivery
options for the residential development of the land and approved
that further market testing would be undertaken on the Disposal and
Joint Venture models to ascertain Value for Money and risk
exposure;
 
5)   
Delegated authority to the Director of Resources and
Assets, in consultation with the Leader of the Council, to
implement the programme for the development of the Toutley East
site, including a value for money decision on alternative delivery
models for the care home and residential delivery models, taking
into account the findings of the further market testing and the
Council’s climate commitments and targets within the Climate
Emergency Action Plan.