Following the acquisition of the property at
60 Orlando Road, the Council is proposing to work with Ipsus
Developments and Omnibus Theatre to bring forward plans for a small
scale redevelopment of the rear of the site, with the aim of
creating a new asset, subject to further discussions with the
planning department and formal consent, which will provide a
sustainable revenue stream to the parties. The form of this joint
venture is being discussed and it is anticipated that any works
contracts will be under the OJEU threshold.
The Council wishes to engage with the above parties who will bring the local and commercial expertise to the venture. Ipsus Developments brought the opportunity to the Council and in recognition of their input to the process, it is proposed that the Council continues to utilise their significant local development expertise.
The Council also wishes to continue to work collaboratively with Omnibus to ensure the future of the building as a leading performance arts venue.
Decision type: Key
Reason Key: 3. Community Impact;
Decision status: For Determination
Wards affected: Clapham Town;
Notice of proposed decision first published: 12/05/2017
Decision due: Not before 12 Jun 2017 by Cabinet Member for Equalities and Culture
Lead director: Strategic Director: Finance and Investment
Department: Finance and Investment
Contact: Yvonne Hardy, Assistant Head - Directorates, Valuation and Strategic Assets Email: email@example.com Tel: 0207 926 2984.