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Issue - meetings

Brunswick and Union Street Developments

Meeting: 08/03/2018 - Policy and Resources Committee (Item 176)

176 Brunswick and Union Street Car Park Developments Update

Additional documents:


Mr William Cornall, the Director for Regeneration & Place, presented an update on the Brunswick and Union Street Developments.


The Committee noted that the following changes had occurred to the viability of the scheme, which had meant that overall financial viability had improved:


·  The Council had been awarded £658,000 from the government’s Land Release Fund to help fund the development; and

·  A payment was required to be made to an existing tenant on the site to incentivise them to give up their lease early. This decision was contained in the existing delegation already granted by the Committee.


RESOLVED: That the report is noted.