Issue - meetings

(i)          That  the progress made to date by Capital & Centric on the York Place project in Newcastle Town Centre, be noted;

(ii)         That expenditure of up to £836,843, be approved,  to develop the scheme to the end of RIBA Stage 4, for construction drawings, tender of a contractor, programme and agreement of a final project costs for the build out of the scheme to completion (subject to a separate Council approval at a future date);

(iii)        That the Deputy Chief Executive, in consultation with the Portfolio Holder for Finance, Town Centres and Growth, and Portfolio Holder for One Council, People and Partnerships, be authorised to progress legal agreements to enable the appointment of Capital&Centric under a Pre-Development Services Agreement (PDSA) for the development of the scheme through a direct award under the Pagabo Development Management Framework;

(iv)           That that the future submission of a separate Council Report for the final authorisation to award a construction contract for the build out of the scheme, be noted.

The Leader introduced the report on the regeneration of York Place.

The Deputy Leader praised the ethos of Capital and Centric who would not just flatten buildings but save what could be saved from existing structures.

The Portfolio Holder for Strategic Planning echoed the Deputy Leader adding there would be expectations for the works to move quickly which he would be looking forward to.

Resolved:    (i) That the progress made to date by Capital & Centric on the York Place project in Newcastle Town Centre, be noted;

(ii) That expenditure of up to £836,843, be approved, to develop the scheme to the end of RIBA Stage 4, for construction drawings, tender of a contractor, programme and agreement of a final project costs for the build out of the scheme to completion (subject to a separate Council approval at a future date);

(iii) That the Deputy Chief Executive, in consultation with the Portfolio Holder for Finance, Town Centres and Growth, and Portfolio Holder for One Council, People and Partnerships, be authorised to progress legal agreements to enable the appointment of Capital & Centric under a Pre-Development Services Agreement (PDSA) for the development of the scheme through a direct award under the Pagabo Development Management Framework;

(iv) That the future submission of a separate Council Report for the final authorisation to award a construction contract for the build out of the scheme, be noted.

Watch the debate here