Issue - meetings

Development of Council-Owned Land at St Oswald’s Park

Meeting: 11/03/2020 - Cabinet (Item 123)

123 Regeneration at St Oswalds Retail Park pdf icon PDF 108 KB

To consider the report of the Cabinet Member for Performance and Resources seeking Members to note the progress made for the regeneration of the vacant land to the rear of St. Oswalds Retail Park and to approve the continuing negotiations for development of this area. 

Additional documents:

Decision:

RESOLVED that:

 

(1)           the progress made with the St. Oswalds land regeneration be noted, and in particular that:  

 

a)    Tesco have undertaken an open tender for the disposal of their land following the withdrawal of the Homes and Communities Agency from purchase negotiations

 

b)    negotiations have continued with Tesco for the City Council’s consent to vary their lease so that their vacant land can be the subject of an agreed disposal.

 

(2)   the Tesco lease is agreed to be varied to enable a sale of their vacant land only for residential purposes and negotiations continue to bring forward a masterplan for the comprehensive residential development of the Tesco land together with the adjoining City Council land.  

 

 

Minutes:

Cabinet considered the report of the Cabinet Member for Performance and Resources that sought Members to note the progress made for the regeneration of the vacant land to the rear of St. Oswalds Retail Park and to approve the continuing negotiations for development of this area.

 

The Cabinet Member for Performance and Resources gave the background to the report.  The Cabinet Member for Environment commented that the recommendations demonstrated the Council’s ambitious commitment to deliver housing, including affordable homes.  The Cabinet Member for Planning and Housing Strategy noted the scale of residential development envisioned and asked how soon the plans would be concluded.  The Cabinet Member for Performance and Resources responded that it would be as quickly as possible and assured Members that a housing paper would be brought for consideration at a later meeting.

 

RESOLVED that:

 

(1)          the progress made with the St. Oswalds land regeneration be noted, and in particular that:  

 

a)    Tesco have undertaken an open tender for the disposal of their land following the withdrawal of the Homes and Communities Agency from purchase negotiations

 

b)    negotiations have continued with Tesco for the City Council’s consent to vary their lease so that their vacant land can be the subject of an agreed disposal.

 

(2)   the Tesco lease is agreed to be varied to enable a sale of their vacant land only for residential purposes and negotiations continue to bring forward a masterplan for the comprehensive residential development of the Tesco land together with the adjoining City Council land.