Issue - meetings

[Report of the Director for Planning, Regeneration and Development. To be introduced by the Cabinet Member for Housing and Regeneration.]This report will seek approval for the Council to purchase the land at the BP Petrol Station Site required for the Tottenham Hale Regeneration Housing Zone Scheme.

The Cabinet Member for Housing and Regeneration introduced the report which sought agreement to a key strategic site in Tottenham Hale located on Hale Road, Tottenham Hale and known as the BP Petrol Station site.

In response to Councillor Carter’s question, the acquisition would help deliver more housing in an area which was expected to be part of the Housing Zone in Tottenham Hale.

Following a vote of Cabinet Members  -

RESOLVED

To purchase the land known as the BP Petrol Station site, Tottenham and shown outlined in red on the plan located at Appendix B for planning purposes and for the sum as stated in the Exempt part of the report; and subject to the detailed Heads of Terms outlined in Appendix D in the Exempt part of the report.

Alternative options considered

Option 1 – Do Nothing/maintain the current situation

The implications of doing nothing would mean that the Council would miss the opportunity of purchasing the site and thus realising the ambitions of the District Centre Framework to take forward the development of the District Centre in a coordinated manner. This option results in significant risk that the site would not come forward for redevelopment. It is worth noting that this site did not come forward for redevelopment under the Council’s Transforming Tottenham Hale Supplementary Planning Document (2006). The failure to acquire this site would therefore reduce likelihood of the site coming forward and there are significant risks that the quality of the resulting development would not be in line with the Council’s ambitions to regenerate Tottenham Hale.

Option 2 – The Council purchases the site alongside other sites      

The Council could purchase the site, as part of a wider strategy to bring together small sites into a coherent package. This option would see greater Council influence over the process and would ensure that key sites come forward for development in a timely and coordinated fashion.

Option 2 has been identified as the option which best supports the regeneration of Tottenham Hale. 

Reasons for decision

This report asks Cabinet to approve the purchase of the identified site currently owned freehold by BP, at the agreed price (see exempt report). The purpose of obtaining this key site is to help realise the ambitions of the District Centre Framework and meet the Council’s ambitions for the regeneration of Tottenham Hale.