Issue - meetings

To consider the report of the Leader of the Council seeking Members to authorise officers to enter into a legally binding contract with the successfully tendered Hotel Operator and Car Park companies to deliver these elements of Phase 2 for the  Kings Quarter The Forum mixed use development. Additionally, to authorise them to enter into a building contract with E G Carter for the continued construction of the residential apartments on plot 3c in Market Parade.

Please note that Appendices A to D are exempt from disclosure to the press and public by virtue of Paragraph 3 of Schedule 12A of the Local Government Act 1972 as amended (information relating to the financial or business affairs of any particular person including the authority holding that information). If Members wish to discuss Appendices A, B, C or D the Cabinet will need to resolve to exclude the press and public before doing so.

RESOLVED that:

(1)       the Head of Place in consultation with the Leader of the Council and Cabinet Member for Environment, the Director of Policy and Resources and the Council Solicitor is authorised to complete the acquisition of the remaining property interests in Market Parade, plot 3c, and enter into a JCT Building Contract with the successfully tendered construction company E G Carter to implement the second phase of the residential apartments forming part of Kings Quarter The Forum as set out in Appendix C of the report

(2)    authority is delegated to the Head of Place in consultation with the Director of Policy and Resources and 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 Phase 2 Kings Quarter The Forum for the operation of the Hotel and Car Park together with the development of the residential apartments on plot 3c.         

Cabinet considered the report of the Leader of the Council that sought Members to authorise officers to enter into a legally binding contract with the successfully tendered Hotel Operator and Car Park companies to deliver these elements of Phase 2 for the Kings Quarter The Forum mixed use development. Additionally, to authorise them to enter into a building contract with E G Carter for the continued construction of the residential apartments on plot 3c in Market Parade.

The Leader of the Council framed the background to the report, particularly highlighting the successful applications to the government’s Levelling Up Fund.  He described each recommendation in detail, emphasised the social value to be gained from the contracts and opportunity to regenerate what is the gateway to Gloucester.

The Cabinet Member for Planning and Housing Strategy expressed her pleasure in the considerable interest shown by potential occupiers over Kings Quarter.  She informed Members of her own observations that the recently re-opened Kings Square was already bringing enjoyment and pride to people.  The Cabinet Member for Culture and Leisure confirmed that developers and others from outside the City were seeing great opportunities in what they considered to now be an exciting place.  He further commented that he considered that this regeneration would be a wonderful achievement of which residents will be proud long into the future.  The Leader of the Council relayed his experience of hearing reactions of amazement when conducting tours of the site.  He further noted that Kings Square was only the start of a wider regeneration that would continue to amaze.  The Leader of the Council thanked the Director of Policy and Resources, Head of Place and Regeneration Consultant – Place for their hard work.

RESOLVED that:

(1)       the Head of Place in consultation with the Leader of the Council and Cabinet Member for Environment, the Director of Policy and Resources and the Council Solicitor is authorised to complete the acquisition of the remaining property interests in Market Parade, plot 3c, and enter into a JCT Building Contract with the successfully tendered construction company E G Carter to implement the second phase of the residential apartments forming part of Kings Quarter The Forum as set out in Appendix C of the report

(2)    authority is delegated to the Head of Place in consultation with the Director of Policy and Resources and 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 Phase 2 Kings Quarter The Forum for the operation of the Hotel and Car Park together with the development of the residential apartments on plot 3c.