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Decision details

Fletton Quays and Office Consolidation Process - FEB18/CAB/108

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

Cabinet considered the report and RESOLVED (unanimous) to:

 

1.    Note the significant progress and benefits which the Fletton Quays development has brought to the city since the plan was approved by Cabinet in February 2014, including additional financial benefits from grant funding an additional capital receipts.

 

2.    Recommend that Council approves additional capital investment of £2,636,025 (including a contingency of £500,000), to ensure council office buildings, including Sand Martin House, are able to meet the new and emerging needs of the council and provide opportunities for other organisations to lease parts of the office building to provide the council with additional income streams. It also facilitates the conversion and refurbishments of Bayard Place reception to provide an improved customer experience.

 

Reasons for the decision:

The Council had agreed to consolidate back office functions to Fletton Quays. Agreeing the additional capital investment would facilitate a landmark regeneration site, provided the Council with much-need flexibility in its office portfolio, aligned to its current programmes for flexible working, and was financially beneficial over the long-term.

 

Alternative options considered:

No alternative options were considered.

 

Interests and Nature of Interests Declared:

None.

Background Documents:

Publication date: 26/02/2018

Date of decision: 26/02/2018

 

 

 
Peterborough City Council. Town Hall, Bridge Street, Peterborough, PE1 1HF - (01733) 747474
 
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