Issue - items at meetings - Former Market Hall Site Redevelopment - Phase 2

Issue - meetings

Former Market Hall Site Redevelopment - Phase 2

 

 

Meeting: 10/04/2019 - Cabinet (Item 96)

96 Former Market Hall Site Redevelopment - Phase 2 pdf icon PDF 111 KB

Minutes:

Members considered a detailed report which provided an update on the legal agreement with the Hinton Group, outlined the key site constraints, the delivery options and the next steps for the Markey Hall Phase 2 site.

 

It was noted that as detailed in the report that the redevelopment of Phase 2 had been a challenge for the developer to deliver. 

 

Following a brief discussion it was 

 

RESOLVED:

a)            that the update with regards to the Market Hall Phase 2, be noted;

 

b)          that it be noted, that a termination notice had been served to end the          legal agreement with the Hinton Group, in accordance with the    agreement’s termination clause;

 

c)          that the submission of an Expression of Interest to the Future High             Streets Fund that has the Market Hall Phase 2 site as its development     focus, be noted; and

 

d)          that soft market testing be undertaken in order to assess developer and     end occupier interest to inform a viable delivery route for the site.