Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
In October 2019 the Cabinet approved a new development strategy for the International Sports Village, and delegate authority to the Director of Economic Development to bring forward the development of the waterfront site, and undertake a procurement exercise for a commercial partner to establish and operate a new leisure attraction.
This report provides an update on the strategy and procurement process.
(i) the new masterplan to complete the leisure attraction at the International Sports Village attached at Appendix 5 be approved.
(ii) in principle approval be given to the plans for the new Velodrome at the International Sports Village and authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and statutory officers to prepare a detailed business case including the appointment of professional advisors, procurement of a contractor and the development of a planning application to be presented back to a future meeting of Cabinet for final approval before entering contracts.
(iii) Authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and statutory officers to prepare a detailed business case for completing the leisure attraction at the International Sports Village as set out in the masterplan at Appendix 5 and the development appraisal at Confidential Appendix 4, including undertaking a soft-market testing exercise relating to the future operation of the site, and to return to a future meeting of Cabinet for final approval.
Publication date: 19/03/2021
Date of decision: 18/03/2021
Decided at meeting: 18/03/2021 - Cabinet
Effeithiol O: 31/03/2021