Decision details

To approve the development of a regeneration strategy for East Park Gateway

Councillor John Reynolds presented for endorsement an East Park Gateway (EPG) Regeneration Programme for the phased delivery of new industrial development, housing and environmental improvements and the coordination of the significant Council investment proposals which would impact in this area.  Approval of the outline business case for the building of new offices for Wolverhampton Homes as the first phase of the regeneration programme was also sought.

Resolved:

1.     That the setting up of an East Park Gateway Regeneration Programme and its proposed governance be endorsed.

2.     That the outline business case for the building of new offices for Wolverhampton Homes on Council owned land at Qualcast Road as the first phase of the Regeneration Programme be approved.

3.     That authority be delegated to the Cabinet Members for City Economy and Resources in consultation with the Service Director, City Economy and the Director of Finance to approve the purchase of strategic interests in land in support of the regeneration programme, subject to identified budget and business case.

4.     That the principle of the use of compulsory purchase powers to assemble marketable sites for remediation, servicing and development in the programme area be approved.

5.     That employees be authorised to investigate the redevelopment of the Wholesale Market subject to any appropriate safeguards for current tenant traders and to report back with proposals.

6.     That employees be authorised to work up and submit applications to the Local Enterprise Partnership for external funding in support of the programme objectives

7.     That the interrelationship between the East Park Gateway Regeneration Programme and other Council investment proposals including the rationalisation of waste and depot facilities, replacement offices and facilities for Wolverhampton Homes and the improvement of Willenhall Road be noted.

8.     That it be noted that reports on detailed proposals for Council intervention to achieve the aims and objectives of the East Park Gateway Regeneration programme would be submitted to future meetings of the Panel.