Issue - meetings

[Report of the Director for Planning, Regeneration and Development . To be introduced by the Cabinet Member for Housing, Regeneration and Planning.]The report will set out the aims, objectives and terms of a Strategic Development Partnership to drive forward the development of a new urban centre at Tottenham Hale.

The Cabinet Member for Housing, Regeneration and Planning outlined the work to date on the Tottenham Hale Housing Zone which had involved important consultation  with residents and having the underpinning Council plans in place bring forward this important regeneration .

The report was confirming a strategic development partnership with Argent Related Limited ,a renowned regeneration partner that had previously worked on the Kings Cross regeneration and the regeneration of Central Manchester and Central Birmingham. They would in partnership, with the Council, take forward comprehensive delivery of a new District Centre at the heart of Tottenham Hale and a significant part of the first phase of the Tottenham Housing Zone. This was a new exciting phase for Tottenham Hale and would ensure that the areas fragmented by rail, water and roads would become connected into a single neighbourhood.

The Cabinet Member for Housing, Regeneration and Planning continued to thank the Regeneration team for their efforts in bringing forward these recommendations and further thanked the Chief Executive for his leadership in bringing this important project to fruition.

RESOLVED

1. That the Council enter into a Strategic Development Partnership Agreement with Argent Related based on the draft Heads of Terms attached in the exempt part of this report and to grant delegated authority to the Director for Regeneration, Planning and Development in consultation with the Chief Operating Officer, the AD Corporate Property and Major Projects and the Assistant Director of Corporate Governance [after consultation with the Lead Member for Housing, Regeneration and Planning and the Lead Member for Finance and Health ]to agree the final Heads of Terms and the final contract. 

2. That the following Council owned freehold sites shown edged in red on the plan (“Plan”) in Appendix 1A be declared surplus to requirements and subject to title investigations  be disposed of and for the considerations  as set out in the draft Heads of Terms (attached in the exempt part of this report) Argent Related:

1.   Welbourne Centre Site

2.   4 Ashley Road

3.   5 Ashley Road

4.   Land to rear of 4/5 Ashley Road, along Monument Way

5.   Land at the corner of Station Road and Hale Road

6.   Tottenham Hale Bus Station, Bus Stand lands

7.   Land at corner of The Hale and Hale Road

8.   Land fronting Watermead Way to the east of Ashley Road

9.   Land to the south of Station Road, along Ferry Lane/The Hale

10.                BP Garage Site, Hale Road, Ashley Road

3. That the disposal of the Welbourne Centre site referred to in recommendation 3.2[ Minute item 49 resolution 2] shall comprise both of a cash consideration and a long lease back (terms to be agreed as per recommendation 3.1 –  [Minute item  49 resolution 1) to the Council of the health centre to be constructed on the site (to shell and core) and that a further report be brought back to Cabinet at a later date  once an agreement has been reached with NHS England on the financial and operational arrangements for the health centre. 

4. That  ...  view the full minutes text for item 49