Issue details

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.