Issue - decisions
Peel Phase 4 Core D1 Private Rental Sales (Non-Key Officer Recordable Decision)
27/06/2025 - Peel Phase 4 Core D1 Private Rental Sales (Non-Key Officer Recordable Decision)
That the Corporate Director Neighbourhoods and Regeneration, in consultation with the Cabinet Member for Regeneration, Planning and Property:
i) Approves entering into a Deed of Variation to the Agreement for Lease and Development in relation to Peel South Kilburn dated 31 July 2018 and a Deed of Variation to Lease Phase 4 South Kilburn dated 29 June 2023 to facilitate sale of private units to a PRS operator.
ii) To note the benefits of the sale including accelerated construction programme and early payment of land receipt to the Council. Other benefits include de-risking the continued delivery of the project and delivering the strategic objective of a mixed tenure community.