Decision details

Release of Capital Programme Funding for Land Assembly, Site Design and Development in the Town Centre – 12 and 17 King Street

Decision Maker: Director of Economic Growth and Neighbourhood Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Cabinet approved the release of £10m capital funding from the Tees Valley Combined Authority Indigenous Growth Fund, for land assembly, site design and development to bring forward regeneration projects and prepare sites for development within Darlington Town Centre which support the delivery of the Town Centre Strategy 2019-30.

Delegated authority was given to the Director of Economic Growth and Neighbourhood Services in consultation with the relevant Portfolio Holder(s) for expenditure of the TVCA Indigenous Growth Fund for individual projects, land acquisitions and commitments of up to £1,000,000 in value.

Negotiations have taken place and an agreement has been made to acquire the vacant premises at 12 and 17 King Street.

Decision:

To acquire the vacant premises at 12 and 17 King Street to help assemble a site for the development of a new Town Centre residential scheme.

Reason - To bring sites forward for Town Centre regeneration projects.

Alternative options considered:

Compulsory Purchase but acquisition by agreement is preferred.

Publication date: 18/09/2019

Date of decision: 24/07/2019