Decision details
Bracknell Town Centre Regeneration Update
Decision Maker: Bracknell Town Centre Regeneration Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To obtain endorsement and approval to the
continuing approach to the Town Centre Regeneration
Decisions:
The Committee considered an update report outlining the areas of progress made since its last meeting and setting out proposed next steps for the regeneration of Bracknell Town Centre.
RESOLVED that the Committee:
2.1 Delegate authority to the Chief Executive to waive the requirement for Bracknell regeneration partnership to reinstate the road network in the event of the Development Agreement not going unconditional
2.2 Notes the position about town centre investors.
2.3 Surrenders the lease on Bracknell Market
2.4 Delegates approval to the Chief Executive in liaison with the Executive Member for Regeneration and Economic Development to amend the Development Agreement with Bracknell Regeneration Limited Partnership in order to:
1) Secure environmental improvement works;
2) De-couple the provision of the replacement park from the unconditional date for the Charles Square phase.
3) Dispose of Princess Square service yard, subject to the Northern Retail Quarter phase going unconditional
2.5 Notes the position regarding the highway network as set out at paragraphs 5.4-5.10 of the Assistant Chief Executive’s report
2.6 Endorses the making of a new Compulsory Purchase Order to secure access to the Grange Hotel.
2.7 Endorses the service of Notices of Entry under the current town centre Compulsory Purchase Order in relation to plots 152, 153 and 154 at Market Street.
2.8 Endorses the design for Bond Square.
2.9 Authorises the Borough Solicitor to complete a Deed of Variation to the Winchester House Development Agreement as proposed at paragraph 5.27 of the Assistant Chief Executive’s report
Reasons for the decision:
- To progress the Council’s key priority of a Town Fit for the 21st Century.
- To bring forward the comprehensive regeneration of Bracknell Town Centre as soon as possible in the current economic climate
Alternative options considered:
Considered in the body of the Assistant Chief Executive’s report.
Interests and Nature of Interests Declared:
None
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Wards Affected: (All Wards);
Financial Impact: Contained within the report
Declarations: None
Subject to Urgent Proceedings: No
Making Representations: In writing to the Assistant Chief Executive
Other reasons / organisations consulted
None
Consultees
None
Contact: Kelly Hillman Email: kelly.hillman@bracknell-forest.gov.uk Tel: 01344 352475.
Publication date: 19/05/2014
Date of decision: 19/05/2014
Decided at meeting: 19/05/2014 - Bracknell Town Centre Regeneration Committee
Effective from: 28/05/2014