Key information
Decision type: Director
Directorate: Development
Reference code: DD3
Date signed:
Date published:
Decision by: Marianne Brooke, Director of Development
Executive summary
Approval is requested to acquire a site within the Old Oak area in line with the Corporation’s Land Assembly strategy.
Decision
The Director approves: The full decision as set out in detail in Part 2 as it contains exempt information.
Part 1: Non-confidential facts and advice
1.1 Old Oak and Park Royal Development Corporation (OPDC) is acquiring land within the Old Oak area to support, enable and secure comprehensive regeneration.
1.2 The proposed acquisition constitutes part of OPDC’s wider land assembly programme and the rationale for its purchase is detailed in Part 2.
2.1 Detail is outlined in part 2.
3.1 Detail is outlined in part 2.
4.1 This acquisition will help the Corporation realise its thematic ‘Delivery’ pillar, as set out in our Corporate Strategy, specifically our pledge to establish our role as landowner and steward. Inclusion of this land within our existing portfolio will enable us to progress our comprehensive approach to placemaking and deliver on our ‘Ambition’ value to ‘create an exemplar new place’ in Old Oak.
5.1 Governance and assurance around the acquisition is set out in Part 2.
5.2 Once acquired, the site will be subject to existing asset management arrangements and due diligence in line with the Corporation’s wider portfolio.
Risks and Issues
5.3 Risks and issues are detailed in Part 2.
6.1 Under Section 149 of the Equality Act 2010, as a public authority, OPDC must have ‘due regard’ to the need to eliminate unlawful discrimination, harassment and victimisation as well as to the need to advance equality of opportunity and foster good relations between people who share a protected characteristic and those who do not.
6.2 Detail is outlined in Part 2.
7.1 Detail is outlined in Part 2.
8.1 Detail is outlined in Part 2.
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Signed decision document
DD3 - Strategic acquisition