Agenda item

Agenda item

Development of land at South Oxford Science Village (Land South of Grenoble Road)

The Executive Director Development has submitted a report to set out the progress to date on the South Oxfordshire Science Village (SOSV) proposals and seeks agreement to the next stages of work to progress towards delivery of the proposed development. The report covers the proposed delivery approach for the site; consideration of the key principles for collaboration with the other land owners within the site allocation; and the procurement of consultants, to support the landowners to secure a development partner, and entering funding agreements to secure the sharing of costs of advisor appointments with the other landowners.

Cabinet is recommended to:

1.    Delegate to the Director for Development in consultation with the Head of Law and Governance and Head of Finance the final wording of the key principles of collaboration and the entering into a formal collaboration agreement if the partners so wish;

2.    Delegate to the Director for Development in consultation with the Head of Law and Governance and Head of Finance, working in collaboration with the other land owners,  the procuring of a development partner to bring forward the site for development (although the entering into an agreement with the proposed development partner would be subject to a further decision);

3.    Delegate to the Director for Development in consultation with the Head of Law and Governance and Head of Finance the appointment of consultants on behalf of the partnership, with sharing of costs secured through an agreement, to provide legal advice for the procurement of a development partner;

4.    Note the spend to date and approve the continued use of the allocated budget to enable the project to move forward, including for procuring specialist advice, progressing issues impacting the site, the setting up of a delivery vehicle and procurement of a development partner. Delegate to the Director for Development, in consultation with the Head of Law and Governance and Head of Finance, the agreement of works and spend within the allocated budget.

 

 

Minutes:

The Executive Director Development had submitted a report to set out the progress to date on the South Oxfordshire Science Village (SOSV) proposals and seek agreement to the next stages of work to progress towards delivery of the proposed development.

Cllr Alex Hollingsworth, Cabinet Member for Planning & Housing Delivery, introduced the report which represented a significant milestone in a scheme which sought to address a 20 year old aspiration to develop the land in question for housing in partnership with the two other land owners, Thames Water and Magdalen College. It was important to note that the land was subject to the South Oxfordshire District Council’s (SODC) Local Plan and final planning decisions would therefore be made by it and not the City Council. It was also important to recognise that the partners would not, necessarily, support City Council proposals for conditions which went further than those in the SODC Local Plan.

The report outlined a number of disposal/delivery options, setting out a range from those with  lower risk and  reward to those  with higher risk and reward. The outliers had been rejected and the recommended option (Promotion & Master Developer Agreement) was seen to provide the best balance of risk and reward, leaving the Council with a degree of control and influence.

Cllr Ed Turner, Cabinet Member for Finance & Asset Management, said the project had the potential to offer life changing opportunities for many families through the establishment of a new community of affordable housing. He was clear that the recommended option represented the best way to proceed. He applauded officers for their technical skills, wisdom and diplomacy in getting the proposal to this point,

Cabinet members were unequivocal in their support and enthusiasm for the scheme noting, among other things, its ideal location.

The contribution that good quality affordable and appropriate housing made to the quality of individual/family lives and wellbeing could not be underestimated. The absence of sufficient affordable housing in the city remained one of its greatest challenges; the provision of housing through the scheme would make a significant difference and would be one of the greatest gifts to those who, in time, would make their homes in this new community.

Cllr Hollingsworth noted the need to add to the recommendations as published with the agenda a reference to delegations to be in consultation, also, with the Cabinet Members for Planning & Housing Delivery and Finance & Asset Management.

Cabinet resolved to:

1.    Delegate to the Director for Development in consultation with the Head of Law and Governance; Head of Finance;  and Cabinet Members for Planning & Housing Delivery and Finance & Asset Management,  the final wording of the key principles of collaboration and the entering into a formal collaboration agreement if the partners so wish;

2.    Delegate to the Director for Development in consultation with the Head of Law and Governance; Head of Finance; and Cabinet Members for Planning & Housing Delivery and Finance & Asset Management, working in collaboration with the other land owners,  the procuring of a development partner to bring forward the site for development (although the entering into an agreement with the proposed development partner would be subject to a further decision);

3.    Delegate to the Director for Development in consultation with the Head of Law and Governance; Head of Finance; and Cabinet Members for Planning & Housing Delivery and Finance & Asset Management, the appointment of consultants on behalf of the partnership, with sharing of costs secured through an agreement, to provide legal advice for the procurement of a development partner;

4.    Note the spend to date and approve the continued use of the allocated budget to enable the project to move forward, including for procuring specialist advice, progressing issues impacting the site, the setting up of a delivery vehicle and procurement of a development partner. Delegate to the Director for Development, in consultation with the Head of Law and Governance and Head of Finance, the agreement of works and spend within the allocated budget.

 

 

 

 

Supporting documents: