Issue details

East Street Centre - Restructure of Ground Lease to Facilitate Redevelopment

To consider the report of the Cabinet member for Resources, Leisure and Culture seeking approval to restructure the existing head lease to the East Street Centre and authority for the closure of the Lime Street Car park to facilitate redevelopment to provide a supermarket.

 

The Council is to retain the rental income.  The operational considerations Lime Street Car Park will change and considerations will be made in regard to the revenue generated by the car park balanced against future repair obligations.

Decision type: Key

Reason Key: Affects more than 1 ward or a significant community;

Decision status: Recommendations Approved

Wards affected: Bargate;

Decision due: 4 Jul 2011 by Cabinet

Lead director: Head of Property and Procurement

Department: Resources, Leisure and Culture Portfolio

Contact: Paul Mansbridge Email: paul.mansbridge@southampton.gov.uk Tel: 02380832635.

Consultation process

Meetings and emails with relevant officers and Cabinet Members.

Consultees

Officers in the Council’s Economic Development and Regeneration, Highways and Parking Services and Finance departments along with the relevant Cabinet Members.  

Public Comments may be sent to: Paul Mansbridge, Valuation and Estates Manager

Slippage/Variations/Reason for Withdrawal: Date amended to the 4th July from the 6 June 2011 to enable further consultation.

Decisions

Agenda items