Issue details

Larkhall Park Opportunity Sites development principles

There are three decisions that will be set out in the forthcoming report:

1) For the council to package together three council owned land assets known as the Larkhall Park Opportunity Sites in order to procure a delivery partner to build approximately 100 homes along with employment and community space. This is considered the most expedient and best value delivery approach for the council in meeting priorities in the Borough Plan (2016-21).

2) For the delivery partner to be procured through an existing framework and that partnership being formalised through a Development Agreement. Using an existing framework is considered to be the most expedient way in which the council can achieve best outcome. Use of a Development Agreement will ensure that the council can maintain control over the site outcomes, specifically income (capital and revenue), the affordable housing offer and timelines of delivery.

3) For the income generation to be used, in whole or part, to support improved investment in Larkhall Park and other community services in the borough.

Decision type: Key

Reason Key: 2. Financial;

Decision status: Recommendations Approved

Wards affected: Larkhall;

Notice of proposed decision first published: 12/06/2017

Decision due: 11 Sep 2017 by Cabinet Member for Planning, Investment and New Homes

Lead director: Strategic Director: Neighbourhoods and Growth

Department: Neighbourhoods & Growth

Contact: Sandra Roebuck, Director of Infrastructure and Capital Delivery Email: SRoebuck@lambeth.gov.uk Tel: 020 7926 2594.

Decisions