Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 11, 2025

Purpose: To enable the variation of the Development Agreement for the residential element of the Woolwich Leisure Centre Scheme and attendant matters

Content: Agreed and approved that the Council seek to vary the Development Agreement between the Council and its Residential Development Partner, Hill Residential Limited (‘Hill’) of 11 August 2021 (‘DA’) for the residential element of the Woolwich Leisure Centre Scheme (‘WLC Scheme’) to give effect to the principal terms summarised in Confidential Appendix A of the report and delegated authority to the Director of Place and Growth to enter into a Deed of Variation (and/or such other legal documentation as may be required) to amend the DA;   Agreed and approved that the Council seek to terminate the Affordable Housing Development Agreement between the Council and Hill of 11 August 2021 (‘AHDA’) relating to the affordable housing included in the residential element of the WLC Scheme and delegated authority to the Director of Place and Growth to enter into a Deed of Termination (and/or such other legal documentation as may be required) to terminate the AHDA;   Noted the financial implications set out in Appendix D to the report; and   Agreed and approved that the contents of Appendices A, B, C and D to this Report be exempt from publication on the grounds that they contain information relating to the financial or business affairs of a particular person (including the authority holding that information) under Paragraph 3, Part 1 of Schedule 12A of the Local Government Act 1972 (as amended) and agreed that this exempt information contained in the confidential Appendices shall not be released to the press or public.