Issue - meetings
Innovation Park Medway - Disposal Options
Meeting: 15/11/2022 - Cabinet (Item 8)
8 Innovation Park Medway Disposal Options 
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Minutes:
Background:
This report requested the Cabinet to delegate authority to officers to dispose of land at Innovation Park Medway (IPM), as set out in section 3 of the report. The proposal had been built upon the Delivery and Investment Plan, which formed the basis for investment to ensure the site would come forward as a high quality, innovative development in the high value technology, engineering, manufacturing, and knowledge-intensive sector.
Marketing agents had been actively marketing plots across the IPM site since late 2021 and a demand study had been conducted to evaluate supply and demand at IPM in 2022.
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Decision number:
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Decision:
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137/2022 |
The Cabinet agreed to delegate authority to the Director of Place and Deputy Chief Executive, in consultation with the Leader of the Council, the Portfolio Holder for Inward Investment, Strategic Regeneration and Partnerships and the Portfolio Holder for Planning, Economic Growth and Regulation, to enter into all necessary arrangements to facilitate all future disposals and development of the land where appropriate. |
Reasons:
To facilitate the future disposal and development of all land at Innovation Park Medway to achieve best value.