Decision details

Kings Quarter Delivery Proposal

Decision Maker: Cabinet, Council

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider a progress report on the development of the Forum. To approve the investment required for Phase 1 implementation and the Development Agreement for Phases 1 and 2.

Decision:

RECOMMENDED to Council that:

 

(1)  the Head of Place in consultation with the Leader of the Council and Cabinet Member for Environment, the Head of Policy and Resources and the Council Solicitor is authorised to enter into a Development Agreement with our partner to implement the construction and development of Kings Quarter The Forum in its entirety at an estimated total cost to the Council of £107m, to create a high quality mixed use hub, packed with community features aimed at attracting new companies to Gloucester, based on the latest proposal outlined in this report

 

(2)  authority be delegated to the Head of Place in consultation with the Council Solicitor to take all necessary steps and undertake necessary procedures, including entering into any legal arrangements or other documentation as may be required to implement or facilitate the Kings Quarter The Forum Redevelopment Scheme

 

(3)   the estimated total cost be incorporated into the council’s Capital Programme and Treasury Management Strategy.

 

Publication date: 14/01/2021

Date of decision: 13/01/2021

Decided at meeting: 13/01/2021 - Cabinet

Effective from: 22/01/2021

Accompanying Documents: