8 Marina Development at Chatham Waterfront PDF 657 KB
Minutes:
Background:
This report provided details of a proposal for the Council to enter into agreements and grant leases together with any necessary rights in respect of the following Council owned assets: Riverside 4 building, part of the Chatham Riverside pay and display car park, part of Waterfront Park, Chatham and the council owned bed and soil of the river fronting Gun Wharf to facilitate the development of a marina.
The report stated that the Council had held detailed discussions with the Crown Estate, which owned the bed and shore adjacent at Chatham Waterfront on the proposal for a contractual Joint Venture agreement with the Crown Estate regarding the opportunity to take a long lease of the land/building and riverbed. It was noted that consultants and specialists acting for the Council and the Crown Estate were of the opinion that there would be interest from private sector developers and marina operators in this opportunity.
Decision number: |
Decision: |
61/2016 |
The Cabinet agreed to delegate authority to the Chief Legal Officer, in consultation with the Leader and the Portfolio Holder for Inward Investment, Strategic Regeneration and Partnerships, to enter into any arrangements as are necessary with the Crown Estate to take forward the letting of the Council’s land and the Crown’s bed and shore for a marina development at Chatham Waterfront as outlined in the site plan, as set out in Appendix 1 to the report. |
62/2016 |
The Cabinet agreed to delegate authority to the Chief Legal Officer, in consultation with the Leader and the Portfolio Holder for Inward Investment, Strategic Regeneration and Partnerships, to:
(i) consider any objections against any proposals to grant a lease of or rights over part of Waterfront Park; (ii) to grant a lease or leases of the Riverside 4 building, part of Waterfront Park and part of the Riverside Pay and Display car park together with any necessary rights over parts of the Waterfront Park. |
Reasons:
The development of a marina in Chatham will enhance the regeneration and visual appearance of Chatham Waterfront and the tourist offer. This is a key to part of improving Chatham Town Centre, complementing the council’s ongoing investment in the public realm through the Local Growth Fund and the Place making project. In addition the proposal will generate a rental income from any lease or leases granted.