Agenda item

To consider a report of the Cabinet Member for Property & Assets and Economic Growth.

Weymouth Peninsula Development Proposal

 

(a)       That authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to:

 

(i)      Formally invite Hall & Woodhouse to submit a proposal for a long leasehold development on the Weymouth Peninsula.

(ii)    Ensure the proposal aligns with the Weymouth Town Centre Masterplan, including:

·     Provision of hospitality and leisure facilities.

·     Delivery of public realm enhancements that support placemaking and community benefit.

(iii)   Report any recommended proposal to the Harbour Advisory Committee, Weymouth Harbour Consultative Group and Cabinet for approval.

North Quay, Development

 

(b)        That authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to:

 

(i)    Approve the proposed disposal strategy for the North Quay site, based on a closed or selective tender process.

(ii)   Finalise the tender framework, including developer selection criteria and disposal conditions.

(iii) Request a further report to Cabinet outlining the outcome of the process and recommending either a preferred developer or confirmation that the site will be included in the strategic partnership proposal.

 

Heart of Weymouth, Cultural and Visitor Centre, the Rectory, St Thomas Street

 

(c)           To approve the investment of £1.1 million from the Levelling Up Fund towards the acquisition of The Rectory freehold and that authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to approve and progress with the most appropriate to investment option, subject to:

 

(i)    a council review of investment options.

(ii)  the Weymouth Area Development Trust CIC confirming that it has secured capital funding; and

(iii) submission and satisfactory review of:

·        Architectural plans.

·        Cost plan and development cashflow.

·        Full project programme.

·        Evidence of positive pre-planning consultation.

·        A viable business case to be produced by Weymouth Area Development Trust CIC (WADT) for long term community use, including operational plans, financial forecasts, market need, and a fundraising strategy.

 

The proposal must demonstrate financial viability, strategic alignment with Dorset Council’s regeneration objectives, and WADT secured capital funding before Dorset Council commits its funding from its contribution as part of the Weymouth Levelling Up Fund (LUF) Regeneration Programme.

 

Reason for the decision

 

To progress key regeneration opportunities in Weymouth by inviting Hall & Woodhouse to formalise their interest in a long leasehold development at the Peninsula, and by enabling due diligence on proposals for North Quay and the Heart of Weymouth Cultural and Visitor Centre. These steps would ensure alignment with the Council’s masterplan, tourism strategy, and Levelling Up Fund objectives, while safeguarding harbour interests and securing financial viability before any disposal or investment was confirmed.

 

 

 

The Cabinet Member for Property, Assets and Economic Growth presented a report setting out the comprehensive and ambitious overview of the current regeneration initiative proposed for Weymouth.  It aimed to inform Dorset Council’s strategic decisions by consolidating advisory input on a hotel-led mixed-use development at Weymouth Peninsula, development on North Quay and the heart of Weymouth, cultural and visitor centre.

 

In response to questions the Cabinet Member for Property, Assets and Economic Growth confirmed that:

 

·      If other opportunities arose, considered appropriate and funding was available, additional areas of development could be considered in the future.

·      The current papers before members relate specifically to projects in Weymouth

·      A proposed disposal strategy will be approved for North Quay site, based on a closed or selective tender process.

·      A further paper would be considered by Cabinet in the future on a preferred developer or confirmation that the site would be included in the strategic partnership proposal.

·      Confirmed that he had confidence in the brief which would offer high-quality design and community benefits.

It was proposed by Cllr R Biggs and seconded by Cllr R Hope

 

Decision (unanimous)

 

Weymouth Peninsula Development Proposal

 

(a)       That authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to:

 

(i)      Formally invite Hall & Woodhouse to submit a proposal for a long leasehold development on the Weymouth Peninsula.

(ii)    Ensure the proposal aligns with the Weymouth Town Centre Masterplan, including:

·     Provision of hospitality and leisure facilities.

·     Delivery of public realm enhancements that support placemaking and community benefit.

(iii)   Report any recommended proposal to the Harbour Advisory Committee, Weymouth Harbour Consultative Group and Cabinet for approval.

North Quay, Development

 

(b)        That authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to:

 

(i)    Approve the proposed disposal strategy for the North Quay site, based on a closed or selective tender process.

(ii)   Finalise the tender framework, including developer selection criteria and disposal conditions.

(iii) Request a further report to Cabinet outlining the outcome of the process and recommending either a preferred developer or confirmation that the site will be included in the strategic partnership proposal.

 

Heart of Weymouth, Cultural and Visitor Centre, the Rectory, St Thomas Street

 

(c)           To approve the investment of £1.1 million from the Levelling Up Fund towards the acquisition of The Rectory freehold and that authority be delegated to the Executive Director of Place, in consultation with the Cabinet Member for Assets, Property and Economic Development and Corporate Director Finance & Commercial (s151 Officer) interim to approve and progress with the most appropriate to investment option, subject to:

 

(i)    a council review of investment options.

(ii)  the Weymouth Area Development Trust CIC confirming that it has secured capital funding; and

(iii) submission and satisfactory review of:

·        Architectural plans.

·        Cost plan and development cashflow.

·        Full project programme.

·        Evidence of positive pre-planning consultation.

·        A viable business case to be produced by Weymouth Area Development Trust CIC (WADT) for long term community use, including operational plans, financial forecasts, market need, and a fundraising strategy.

 

The proposal must demonstrate financial viability, strategic alignment with Dorset Council’s regeneration objectives, and WADT secured capital funding before Dorset Council commits its funding from its contribution as part of the Weymouth Levelling Up Fund (LUF) Regeneration Programme.

 

Reason for the decision

 

To progress key regeneration opportunities in Weymouth by inviting Hall & Woodhouse to formalise their interest in a long leasehold development at the Peninsula, and by enabling due diligence on proposals for North Quay and the Heart of Weymouth Cultural and Visitor Centre. These steps would ensure alignment with the Council’s masterplan, tourism strategy, and Levelling Up Fund objectives, while safeguarding harbour interests and securing financial viability before any disposal or investment was confirmed.