Decision details

Marketplace update and next phase

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To update Members on work to improve Market Place and to seek authority to use Council assets in the Market Place to attract a strong ‘anchor’ that can boost footfall and improve trading conditions

Decision:

The Cabinet considered an update continuing work to improve the Market Place and to seek authority to market Council assets in the Market Place to attract a strong ‘anchor’ to boost footfall and improve trading conditions in the wider area, and agreed that:-

 

·         progress made with new short term management operation for the Markets be noted;

·         authorisation be give to the initiation of a procurement process for longer term management operator/s for the remaining market assets (Covered Market Hall, Outdoor Market and 20th Century Stores) to take effect from 1st April 2018 for a period of five to seven years);

·         approval be given to the commencement of marketing and letting of The Produce Hall and Blackshaws Café, and the ground floor of No 18 – 19 Market Place, in the event of agreement with MMU to surrender use thereof, to users who would act as an ‘anchor tenant/s’ in the Market Place with a further report to be presented on the outcome of this exercise prior to any arrangements being entered into;

·         the development of a markets and animation strategy that would contribute to the regeneration of the wider Town Centre be noted;

·         authority be delegated to the Corporate Director for Place Management & Regeneration and the Deputy Chief Executive in consultation with the Cabinet Members for Reform & Governance and Economy & Regeneration to agree the terms of any occupational interests at each of the Council owned assets in the Market Place (except The Covered Market Hall); and

·         the Head of Legal and Democratic Governance be authorised to do all things necessary or incidental to the implementation of the above resolutions.

Alternative options considered:

None

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB2

Declarations or conflicts of Interest: None

Forward Plan Reference: E&R 8

Other reasons / organisations consulted

CLT/Scrutiny/Exec

Contact: George Perrin, Services to Place Email: george.perrin@stockport.gov.uk Tel: 0161-474-4510.

Report author: Alex Fyans

Publication date: 14/06/2017

Date of decision: 13/06/2017

Decided at meeting: 13/06/2017 - Cabinet

Effective from: 21/06/2017

Accompanying Documents: