Issue - meetings

To consider the report of the Director of City Development on the Council’s long-held ambition to regenerate George Street and create both a new ‘front door’ to Kirkgate Market and improve connectivity and linkage with the Victoria Gate development, Leeds Central Bus Station and beyond to the new developments on Quarry Hill. The report seeks approval to a revised, post pandemic delivery structure for the redevelopment of George Street, with the City Council taking the role of developer of a 143-bed hotel over ground floor commercial units and a proposed Council operated leisure and wellbeing facility.

(Please note that Appendix 1 to this report has been designated as being exempt from publication under the provisions of Access to Information Procedure Rule 10.4 (3))

The Director of City Development submitted a report on the Council’s long-held ambition to regenerate George Street and create both a new ‘front door’ to Kirkgate Market and improve connectivity and linkage with the Victoria Gate development, Leeds Central Bus Station and beyond to the new developments on Quarry Hill. The report sought approval to a revised, post-pandemic delivery structure for the redevelopment of George Street, with the City Council taking the role of developer of a 143-bed hotel over ground floor commercial units and a potential Council operated leisure and wellbeing facility.

In welcoming the proposals, Members highlighted the beneficial impact from the redevelopment of George Street upon Kirkgate Market.

Following consideration of Appendix 1 to the submitted report designated as being 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 public part of the meeting, it was

RESOLVED –

(a)  That the contents of the submitted report be noted, and that the proposed post-pandemic delivery structure for the redevelopment of George Street, as detailed within the submitted report, be endorsed;

(b)  That an injection of £9.261m into the Capital Programme (existing Scheme No, 32544/GEO) be authorised, and that Authority to Spend of the same for the proposed redevelopment of George Street, be approved;

(c)  That the provisionally agreed Heads of Terms for the grant of an Agreement for Lease and Lease to the proposed hotel operator, as detailed in exempt Appendix 1 to the submitted report, be approved;

(d)  That the necessary authority be delegated to the Director of City Development, to enable the Director to take all subsequent decisions that may be necessary for the delivery of the redevelopment of George Street, with the concurrence of the Executive Member for Infrastructure and Climate.