Decision details

RESOLVED that Cabinet:-

(a)         Agrees in principle to progress the development of the site at Wessex Fields in accordance with the recommended option and explore funding opportunities in collaboration with University Hospitals Dorset in partnership with Bournemouth University to facilitate the wider mixed-use development of the site which meets the preferred use themes;

(b)          Authorises officers to enter into negotiations with University Hospitals Dorset NHS Foundation Trust in partnership with Bournemouth University on the detailed terms of the recommended option; and

(c)          Approves a £100k budget to cover external legal and professional advice and adjust the MTFP for 2020/21. This sum to be funded by capital receipt from disposal of part of the site.

Voting: Unanimous

Portfolio Holder: Regeneration, Economy and Strategic Planning

Reason

To contribute to the Council’s Corporate strategy priorities, specifically helping to create dynamic places and fulfilled lives.

The preferred option meets the aspirations of the Council and its key strategic partners, the local NHS trust and Bournemouth University to deliver the vision developed for Wessex Fields which is set out in a Memorandum of Understanding between the parties.