Issue - meetings
Funding for Olympic Way Improvements, Fulton Road to Wembley Park Station
Meeting: 24/07/2017 - Cabinet (Item 24)
This report seeks approval for funds of up to £17.8 million to accelerate the delivery of the public realm. This is relation to two zones. One between Wembley Park underground station and the northern edge of Fulton Road (Zone B). The other will be for replacing the Wembley National Stadium ‘pedway’ with steps including public realm works from the foot of the pedway to the stadium (Zone C) to ensure delivery prior to Euro2020.
Additional documents:
Decision:
RESOLVED:
24.1 A contribution of up to £17.8 million towards the delivery of the Olympic Way Zones B and C be approved;
24.2 Such a contribution would be contingent on Quintain:
a) Not pursuing development of site NW04 adjacent to the Civic Centre to the extent currently permitted in the parameters plans associated with outline planning permission 10/3032.
b) Working with the Council to deliver a development that better complements the role and setting of the Civic Centre, in particular creating a significant new square outside the Civic Centre Library.
c) Agreeing a business plan and heads of terms, between Quintain and the council, for the future sharing and reinvestment of net income generated through assets on Olympic Way; and
24.3 A future report be bought to it in relation to designating Olympic Way as an “Area of Special Interest”.
Minutes:
Councillor Shama Tatler, Cabinet Member for Regeneration, Growth, Employment and Skills, introduced the item and spoke about the regeneration of Wembley and the need to support the ongoing transformation of the area into a thriving, attractive environment. Councillor Tatler informed Cabinet there was scope to use some of the strategic Community Infrastructure Levy (CIL) funds which had been raised as a consequence of development in the area, to invest in the public realm along Olympic Way. She said that enhancing the public realm was a key element in a step change of the positive experience the Council was aiming to achieve for residents and visitors, including an environment which would encourage people to dwell both before and after events. In addition, the arrangement would also ensure that the space outside the Civic Centre, currently subject to a planning permission which could be implemented, was used to contribute to the proposed educational quarter and provide more of a public square. Councillor Tatler said that this would be a joint project with Quintain and the Stadium and referred to a letter from Quintain (see Appendix 1 to the report on page 605 to the Agenda pack). She added that the report sought the approval for funds up to £17.8 million to accelerate the delivery of the public realm in two zones – B and C, with public realm works Zone A being entirely funded by Quintain (see page 594-602 to the Agenda pack).
Councillor Miller commented that the proposal was focused on a concentrated area, but it would have significant national impact. In relation to the rest of the Community Infrastructure Levy contribution, Councillor Tatler confirmed that options to spend it across the Borough would be considered.
RESOLVED that:
24.1 A contribution of up to £17.8 million towards the delivery of the Olympic Way Zones B and C be approved;
24.2 Such a contribution would be contingent on Quintain:
a) Not pursuing development of site NW04 adjacent to the Civic Centre to the extent currently permitted in the parameters plans associated with outline planning permission 10/3032.
b) Working with the Council to deliver a development that better complements the role and setting of the Civic Centre, in particular creating a significant new square outside the Civic Centre Library.
c) Agreeing a business plan and heads of terms, between Quintain and the council, for the future sharing and reinvestment of net income generated through assets on Olympic Way; and
24.3 A future report be bought to it in relation to designating Olympic Way as an “Area of Special Interest”.