Decision details

The Portfolio Holder for Business and Transformation presented the report of the Executive Manager – Transformation outlining progress of the Abbey Road depot redevelopment.

It was RESOLVED that:

Bid A be progressed to exchange and complete the sale of the former Abbey Road depot, subject to: due diligence; conditions; agreed provisions in the Design Code and Masterplan; and following input from the Growth and Development Scrutiny Group where practicable within the constraints of the site and scheme.

Reason for Decision

To meet the Council’s objectives for the site, as set out in the Cabinet report of 9 October 2018 where it was identified that the former depot should deliver:

·         much needed additional housing numbers (both private and affordable) to assist the five year housing supply;

·         the potential for a landmark scheme that showcases great design; and

·         a capital receipt for the Council that will offset the costs of providing the depot services from alternative sites.