Councillors and committees
Issue - meetings
Gateshead Quays
Meeting: 26/04/2022 - Cabinet (Item 185)
Gateshead Quays Update
Report of the Chief Executive, Strategic Director, Economy, Innovation and Growth and Strategic Director, Resources and Digital
Minutes:
Consideration has been given to the progression of the Gateshead Quays enabling works. |
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RESOLVED - |
(i) |
That the completion of the site-specific enabling works, with a revised value of the amount set out in the report be approved. |
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(ii) |
That the progression of the technical design works by Ask Real Estate and Patrizia UK at an estimated cost of the amount set out in the report be approved. |
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The above decisions have been made for the following reasons: |
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(A) |
To bring forward the regeneration of Gateshead Quays, which supports the Council’s aspiration of making Gateshead a place where everyone thrives. |
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(B) |
To reaffirm the commitment to invest in the local economy to provide sustainable opportunities for employment, innovation and growth across the borough. |
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(C) |
To maintain momentum on the scheme, signal confidence in the local economy which is important as part of the delivery of the Economic Development Strategy. |