Decision details

Redevelopment of 6 - 32 George Street and part Butchers Row, Kirkgate Market

Reference: D45094

Decision Maker: Executive Board

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Executive Board is requested to:-

 

(i)

Note and endorse the procurement process undertaken and the scheme

that has been produced.

 

 

(ii)

 

 

(iii)

Approve Town Centre Securities as the Council’s preferred development

partner.

 

Approve the recommended legal structure for the development partnership

and the associated Heads of Terms as detailed in the confidential appendix.

 

 

(iv)

 

 

(v)

Approve the introduction of a scheme into the Capital Programme for the

recommended sums as detailed in the confidential appendix.

 

Delegate authority to the Director of City Development to a make all

subsequent decisions that may be necessary to deliver this scheme.

 

 

Decisions:

The Director of City Development submitted a report regarding proposals for the redevelopment of 6 to 32 George Street and part of Butchers Row, Kirkgate Market, and sought approval of the necessary steps to be taken in order to deliver the scheme.

 

Members discussed the timing of the proposed redevelopment, and how such proposals linked to the Victoria Gate scheme and the regeneration of the wider area.

 

Following consideration of Appendix 1 to the submitted report designated as exempt from publication under the provisions of Access to Information Procedure Rule 10.4(3), which was considered in private at the conclusion of the meeting, it was

 

RESOLVED –

(a)  That the contents of the submitted report and, specifically the scheme that has been produced, be noted;

 

(b)  That the necessary authority be delegated to the Director of City Development in order to approve the awarding of the contract to Town Centre Securities as the Council’s selected developer partner;

 

(c)  That the recommended legal structure for the development partnership, together with the associated Heads of Terms, as detailed within the exempt appendix 1 to the submitted report, be approved;

 

(d)  That the injection into the Capital Programme and authority to spend of £12,903,600, as detailed within the exempt Appendix 1 to the submitted report, be approved, for the purposes of:-

 

(i)  A fifty percent share in the ownership of the completed development;

(ii)  The refurbishment of Westminster Buildings for market staff accommodation;

(iii)  The costs associated with the legal and technical advice required.

 

(e)  That the Director of City Development be authorised to make all subsequent decisions which may be necessary in order to deliver this scheme, with the concurrence of the Executive Member for Regeneration Transport and Planning;

 

(f)  That it be noted that the Chief Officer, Economy and Regeneration is responsible for the delivery of the proposed scheme.

Reason Key: Expenditure > £250,000;

Wards Affected: City and Hunslet;

Portfolio Holder: Regeneration, Transport and Planning

Other reasons / organisations consulted

Presentation of proposed scheme

Consultees

Kirkgate Market Management Board and City Centre Plans Panel

Contact: Chris Gomersall 0113 3787680.

Report author: Chris Gomersall

Publication date: 04/01/2018

Date of decision: 13/12/2017

Decided at meeting: 13/12/2017 - Executive Board

Date comes into force if not called in: 23/12/2017

Call-in deadline date: 22/12/2017

Accompanying Documents: