Decision details

That the feasibility work on the Gorse Ride South estate be supported (the outcome of which will be presented to a future Executive) and the following be approved:

1)        the rehousing of tenants and the subsequent demolition and redevelopment of Cockayne Court, 97-107 (odd numbers)Arnett Avenue and 154 Barkham Ride, Finchampstead as Phase 1 of the wider regeneration project;

2)        the selection of Wokingham Housing Limited (WHL), or another  Council owned Local Housing Company, as the development partner for Phase 1;

3)        that the Council transfers the Phase 1 site to Wokingham Housing Limited (WHL), or another  Council owned Local Housing Company, on terms to be agreed by the Director of Corporate Services in consultation with the Leader of the Council;

4)        that the Phase 1 site is appropriated for planning purposes under Section 227 of the Town and Country Planning Act 1990 and Section 122 of the Local Government Act 1972;

5)        the proposed funding model, including the allocation of Section 106 receipts for the provision of affordable housing towards Phase 1, in accordance with Part 2 Report;

6)         the indicative development brief for Phase 1;

7)        that the transfer of land and funding for Phase 1 will be subject to WHL securing a planning consent for the scheme;

8)        the Council’s long-term intent to regenerate the Gorse Ride South Estate (subject to funding.