Update report and request for approval to enter discussions.

The Executive Director of City Regeneration and Housing submitted a report (previously circulated, now appended) which detailed a potential partnership with adjoining landowners to pursue the development of the Council’s landholding south of Grenoble Road.

 Cllr Price, Executive Board Member for Corporate Strategy, Economic Development and Planning presented the report.

The City Executive Board resolved to

1. Approve the principle of pursuing discussions with adjoining landowners for a partnership to deliver development south of Grenoble Road, subject to a detailed report on whether such a partnership would represent best value.

2. Note that if a partnership arrangement was subsequently approved this is expected to require significant funding for specialist consultancy support in the preparation of Local Plan submissions and a planning application, which would be set out in the detailed report.