Decision details

Stockport Exchange Phase 3 (E&R13)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Cabinet approval to work up detailed design and planning application

Decision:

The Cabinet have agreed (1) That approval be given to:

 

(i)            the demolition works upon vacant possession of Cineworld;

(ii)          progressing the development of Phase 3 utilising prudential borrowing, and on the terms set out in the report;

(iii)         progressing  planning for Phase 6 in tandem with Phase 3;

 

(2) The Deputy Chief Executive and Corporate Director of Place Management and Regeneration, in consultation with the Leader of the Council and the Cabinet Member for Economy and Regeneration be authorised to take such actions (including the agreement of documents, and all terms thereof) as are necessary to progress Phase 3 and the planning for Phase 6 to a successful completion.

 

(3) The Corporate Director for Place Management & Regeneration be requested to monitor the impact of Phase 2 of the Stockport Exchange development on overflow parking on residential streets within the Edgeley area to determine whether the decked car park on site CP1A would need to brought forward and included as part of Phase 3 of the Stockport Exchange development.

Alternative options considered:

None

Interests and Nature of Interests Declared:

None

Reason Key: Declaring Land Surplus >£500,000;

Wards Affected: Brinnington & Central;

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB29

Declarations or conflicts of Interest: None

Forward Plan Reference: E&R 13

Other reasons / organisations consulted

Scrutiny and Cabinet

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

Report author: George Perrin

Publication date: 16/08/2017

Date of decision: 15/08/2017

Decided at meeting: 15/08/2017 - Cabinet

Effective from: 23/08/2017

Accompanying Documents: