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Decision details

Disposal of Land at 210 Rockingham Street

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report seeks authority to dispose Sheffield City Council land interests in property at 210 Rockingham Street enabling the Council to achieve a capital receipt, bringing forward the redevelopment of an underutilised site for housing. 

Decision:

13.1

The Executive Director, Place, submitted a report seeking approval for Sheffield City Council to dispose of freehold land at 210 Rockingham Street to enable the assembly of a larger site to be redeveloped for student housing.

 

 

13.2

RESOLVED: That Cabinet:-

 

 

 

(a)

approves the proposals set out within the report and the terms of the proposed disposal as explained in the appendix to the report, and declares the land identified surplus to the requirements of the Council;

 

 

 

(b)

delegates authority to the Chief Property Officer to agree the terms of the disposal and the terms of any other documentation required; and

 

 

 

(c)

delegates authority to the Director of Legal and Governance, in consultation with the Chief Property Officer, to negotiate and complete such legal documentation as they consider necessary, on such terms as they may agree, to give effect to the proposals set out in the report.

 

 

13.3

Reasons for Decision

 

 

13.3.1

The intended outcome of the proposal is to deliver new purpose built student accommodation within the city centre and repurpose existing commercial sites where older buildings are inefficient and would benefit from redevelopment.

 

 

13.3.2

The development proposals will help attract additional footfall in the retail core which will be of benefit to the city. The disposal will also deliver a significant capital receipt, New Homes Bonus and CIL contribution for the Council.

 

 

13.3.3

The proposals will deliver the economic and financial benefits as outlined within the report and its appendix. 

 

 

13.4

Alternatives Considered and Rejected

 

 

The Council could do nothing.  This may result in the site remaining in its current use for several more years. Other parts of the site may be brought forward in isolation which may result in a compromised scheme. This could also have a negative impact on the continued or future use of the Council owned land.

 

 

13.5

Any Interest Declared or Dispensation Granted

 

 

 

None

 

 

13.6

Reason for Exemption if Public/Press Excluded During Consideration

 

 

 

None

 

 

13.7

Respective Director Responsible for Implementation

 

 

 

Laraine Manley, Executive Director, Place.

 

 

13.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

 

 

 

Economic and Environmental Wellbeing

 

Report author: Tammy Whitaker

Publication date: 27/11/2019

Date of decision: 20/11/2019

Decided at meeting: 20/11/2019 - Cabinet

Effective from: 03/12/2019

Accompanying Documents: