Decision details

James Street is the main route into Cardiff Bay from the west of the city. Currently there is significant areas of James Street that remain blighted. A regeneration plan for James Street will support the development of this area of Cardiff Bay and the Cardiff Bay Heritage Quarter.

Appendices 2 to 7 of this report are not for publication as they contain exempt information of the description contained in paragraphs 14 of part 4 and paragraph 21 of part 5 of Schedule 12A of the Local Government Act 1972.

RESOLVED: that authority be delegated to the Director of Economic Development, in consultation with the Cabinet Member for Investment & Development, the Section 151 Officer and the Legal Officer to:

a)            Conclude the acquisitions of the two properties set out in this report in line with the Heads of Terms included at Confidential Appendices 2 and 5.

b)            Agree the terms and enter into an option agreement for the two replacement sites included within Confidential Appendix 4.

c)            Deal with all aspects of the procurement of a development partner to bring forward the development of the site including the restoration of the Royal Stuart Workshops & Douglas Buildings subject to independent valuation/property advice.