Decision details

Toutley East Development: Strategic Masterplan And Return On Investment

Decision Maker: Executive

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To update the Executive on the delivery of the Toutley East Masterplan

Decision:

That:

 

1)     The update on the delivery of the Toutley East development be noted;

 

2)     The proposed strategic masterplan and land uses for the site, including a new 68-bed dementia care home and up to 130 residential units (on 13th July 2022 Planning Committee resolved to grant outline planning consent for the strategic masterplan) be noted;

 

3)     The financial business case (Return on Investment) for the Toutley East development, including how the proposed land uses financially support each other and the net revenue benefit of £337,000 per annum rising to £700,000 per annum over an approximate 4 year time period be noted;

 

4)     The delivery options for the residential development identified at this stage, which will be subject to a future business case being approved by Executive and Council be noted;

 

5)     Authority to the Director of Assets and Resources, in consultation with the Executive Member for Finance, the Executive Member for Business and Economic Development and the Executive Member for Health, Wellbeing and Adult Services, be delegated to deliver the strategic masterplan in line with the approved financial business case; and

 

6)     Officers provide a report on the impact of poor air quality and noise on dementia as reported in the national press.

Wards Affected: Emmbrook;

Declarations: None

Dispensations: None

Reference Number: WBC1278

Contact: Sarah Morgan Email: sarah.morgan@wokingham.gov.uk Tel: 0118 908 8371.

Report author: Sarah Morgan

Publication date: 28/07/2022

Date of decision: 28/07/2022

Decided at meeting: 28/07/2022 - Executive

Effective from: 06/08/2022

Accompanying Documents: