Issue details

To seek approval to enter into a one-to-one transaction made under the council’s land disposal framework, on regeneration grounds. The land to be sold is in a key strategic location for developing office space adjacent to land already acquired by the council and next to the Phoenix Cinema. It also reserves the land required to create an access link to the Phoenix Cinema from St George Street, towards which Local Transport Grant from the Department for Transport has already been approved. The Collaboration Agreement aligns HE to these objectives and provides additional funding to progress the overall objective of comprehensive regeneration.