Agenda item

Minor variations to land transactions at Tottenham Hale

[Report of the Director for Planning, Regeneration and Development. To be introduced by the Cabinet Member for Housing, Regeneration and Planning.] This will be an update from previous Cabinet Report on changed boundaries of sites within the demise of the Strategic Development Partnership.

Minutes:

The Cabinet Member for Housing, Regeneration and Planning introduced the report which outlined that the development proposed by Argent Related of its scheme, agreed by Cabinet in July 2016, had reached a more advanced design stage and now required a slight variation to the site boundary of Plot 6. There would be no net change to total site area of Plot 6, as compared to that which was reported to Cabinet in July 2016. The land consisting of Plot 6 which was now required to be declared surplus to requirements and be disposed of to Argent Related is shown edged on the plan attached in Appendix D.

 

RESOLVED

 

Monument Way

 

  1. To acquire the land (shown shaded orange on the plan in attached Appendix B) from TfL for no consideration for general fund purposes and that this land be included in the land to be disposed of to Newlon Housing Trust as agreed by Cabinet on 15 March 2016.

 

  1. To declare the additional housing land at the Monument Way site (shown hatched black within the revised site plan in attached Appendix B) surplus to requirements and that this land be included in the land to be disposed of to Newlon Housing Trust as agreed at Cabinet on 15th March 2016.

 

Plot 6– Tottenham Hale Strategic Development Partnership

 

3.    To declare the revised Plot 6 site at Tottenham Hale (shown edged red on the site plan attached as Appendix D) surplus to requirements and to incorporate the revised Plot 6 land as part of the 10 sites to be disposed of to Argent Related, as agreed by Cabinet on 12 July 2016.

 

Reasons for decision

 

Cabinet has already decided on 15 March 2016 to dispose of the adjoining site at Monument Way and on 12 July 2016 Cabinet agreed to dispose of the original Plot 6 at Tottenham Hale. Both pieces of land lie within the Tottenham Hale District Centre which is the first phase of the Tottenham Housing Zone and will be key to achieving long term sustainable regeneration in the area.

 

Monument Way

 

As Newlon Housing Trust have progressed designs for this site it has become clear that slightly more land is needed in order to achieve planning permission and deliver a viable scheme. The land required is shown hatched black in Appendix B and is held for housing purposes is a grass verge.

 

The Council are not in a position to undertake the development at Monument Way themselves due to insufficient resources and have been discussing with Newlon Housing Trust, as a preferred partner, the opportunity to take forward the development. The Council has recently acquired land from the adjoining school and is in process of finalising this acquisition with Transport for London in order to own the total site unencumbered.

 

Plot 6

Plot 6 at Tottenham Hale is within the Strategic Development Partnership Area, which aims to provide new mixed-use development at the heart of the District Centre.

 

As Argent Related have progressed designs for this site it has become clear that a variation to this plot of land is required, with 245m2 removed towards the South of the site and 245m2 added towards the North of the site. The land consisting of Plot 6 is currently held for highway purposes and is part of the Tottenham Hale Bus Station.

 

Alternative options considered

 

Monument Way

The Council could decide not to alter the land to be leased to Newlon at the Monument Way site. However as this additional area is required to achieve an efficient realignment of Fairbanks Road, this would result in the delivery of a sub-optimal scheme and may result in the scheme not being delivered at all.

 

The preferred option outlined in this Report is to amend the site boundary to include the additional land to facilitate the optimal scheme progressing.

 

Plot 6

The Council could decide not to alter Plot 6 and revert to the site boundary previously reported to Cabinet in July 2016. However this would result in the delivery of a sub-optimal scheme.

 

The preferred option outlined in this Report is to amend the site boundary to the original Plot 6 to facilitate the optimal scheme progressing.

 

Supporting documents: