RESOLVED that: -
(a) Cabinet approves the BDC Partnership Business Plan for 2025 – 2030.
(b) Cabinet confirms the extension of the Site Option Execution Date to September 2028, allowing Muse as the Private Sector Partner in the BDC to fund the first stage of work on the new Winter Gardens scheme, resulting in a new Site Development Plan.
(c) Cabinet approves proceeding on the understanding that public parking will not be included in a new scheme design.
Voting: Unanimous
Portfolio Holder: Leader of the Council
Reasons
To contribute to the Council’s Corporate Strategy, specifically helping to revitalise high streets and regenerate key sites to create new opportunities and to provide good quality homes that are accessible, sustainable and affordable for all.
The draft Local Plan includes an allocation of 400 new homes in the Bournemouth Arc area. This project offers the potential to make a significant contribution to exceed this target.
The Council has reserved the right for Cabinet to approve Site Development Plans (SDP) and further approvals are necessary to vary terms.