· There had been a lengthy period of engagement on the back of a strong record of Labour delivery for residents of Brixton.
· A number of local schemes had delivered affordable homes in the centre of Brixton and there was a thriving economy in the coined “Rec Quarter”.
· The scale of the housing crisis was deeply concerning; the availability of affordable housing needed to be addressed. As of 1 December 2020, there were over 3,000 active bidders in the wards of Ferndale, Coldharbour, Herne Hill, Tulse Hill, and Brixton Hill on the Council’s housing register.
· The scheme would deliver new commercial and affordable workspace, providing new homes for Brixton businesses and supporting the creation of hundreds of jobs while contributing to the economic resilience of Brixton.
· A shortage of council, social and affordable housing meant local families were either in overcrowded or unaffordable homes in Brixton, some of whom faced having to leave the area.
· This can only be addressed by building more council, social and affordable housing for the local community.
Cabinet Members made the following comments and observations:
· The engagement had happened over a long period and included all the key partners, stakeholders and local people.
· People wanted to live in thriving areas where there was a strong economy, job prospects and inclusivity.
· Cabinet welcomed the vision from Councillor Bennett and acknowledged the work of the team. The Net Zero pledge was also welcomed as well as proposed waste compactor and the need to have a public realm fit for the current times; this scheme proposed to achieve this.
· Shortage of housing was a highly concerning problem and more truly affordable homes were needed; this development would contribute to achieving that.
1) To commence the process to procure a delivery partner for 49 Brixton Station Road/6 Canterbury Crescent by way of a Development Agreement on a long leasehold basis.
2) To authorise officers to publish the procurement opportunity on the Find a Tender Service (FTS).
3) To agree that a Competitive Procedure with Negotiation (CPN) procurement process is used with the Development Agreement included as part of the procurement documents which will be finalised under delegated authority by the Strategic Directors of Sustainable Growth & Opportunity in consultation with Councillor Matthew Bennett, Cabinet Member for Planning, Investment & New Homes and the Director of Legal and Governance prior to agreement to enter into the Development Agreement being made at a future meeting of the council’s Cabinet committee.
4) To note the financial assumptions set out in Part II of this report.