Decision details

Rochester Riverside Hotel and Commercial Quarter

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report will seek Cabinet's views on the Council's and SEEDA's recommendation for a preferred developer for the hotel and commercial quarter at Rochester Riverside. The scheme will include a high quality hotel with conference facilities and commercial development.

Decision:

142/2007 The Cabinet accepted the Regeneration and Development Overview and Scrutiny Committee's comments.
143/2007 The Cabinet recommended to Council to select Developer B as the preferred development partner for the hotel and commercial quarter at Rochester Riverside and for the Council to enter in to an Exclusivity Agreement with Developer B.
144/2007 The Cabinet recommended to Council to delegate authority to the Chief Executive, in consultation with the Leader of the Council, to grant a development agreement and lease for a term not exceeding 150 years for the land comprising the hotel and commercial quarter at Rochester Riverside on the best terms reasonably obtainable.

Reasons for the decision:

The recommendations to Council will enable the regeneration of Rochester Riverside to proceed. The scheme will ultimately provide the quality of buildings and open spaces desired, will provide employment opportunities and improve the tourism offer in Medway.

Publication date: 17/07/2007

Date of decision: 17/07/2007

Decided at meeting: 17/07/2007 - Cabinet

Effective from: 27/07/2007

Accompanying Documents: