Key information
Decision type: Director
Reference code: DD2138
Date signed:
Decision by: David Lunts, Chief Executive Officer, Old Oak and Park Royal Development Corporation
Executive summary
Beam Park is a major housing development site which straddles the boundary of LB Havering and LB Barking & Dagenham. Following a procurement process using the London Development Panel, Countryside Properties (CPUK) were selected as preferred developer with L&Q. This DD seeks consent to enter into the Development Agreement and associated legal documents and for amendments to the structure of the transaction since the previous approval.
Decision
That the Executive Director of Housing and Land approves:
1. GLAP entering into a Development Agreement (and other associated legal documents) with Countryside Properties (UK) Limited.
2. Non-material amendments to the structure of the transaction since the last approval.
Part 1: Non-confidential facts and advice
GLAP has undertaken a competitive procurement process using the London Development Panel (LDP) to appoint a development partner for the Mayor’s 29ha Beam Park site, a brownfield site located in London Riverside.
Prior to this consultants were appointed to undertake due diligence, prepare a viability appraisal and identify the appropriate procurement route in June 2014. GLAP has expended fees on legal and commercial advice which would have been required in the course of any form of disposal under MD1365. MD1664 provided consent in April 2016 for CPUK to be appointed and a Development Agreement entered into. Part 2 of this paper sets out the specific terms agreed with CPUK.
The development of a new station at Beam Park is integral to the success of the new community and to ensure that PTAL levels are increased to allow the maximum number of homes to be delivered at the site.
The Development Agreement with CPUK sets out a build period of 13 years (to 2030) on a complex and constrained site. During the construction process the historic contamination of the site will be dealt with and a new community of over 2,800 homes created. CPUK will work with L&Q to complete 35% affordable housing on the site (included within the 2,800) and this will be spread across each of the phases - the tenure split will reflect the respective requirements of LB Havering and LB Barking & Dagenham.
The public sector equality duty requires the identification and evaluation of the likely potential impacts, both positive and negative, of the decision on those with protected characteristics (age, disability, gender reassignment, pregnancy and maternity, race, gender, religion or belief, sexual orientation). There has been previous consideration of this development and its impacts and this will be further considered via the planning process.
N/A
MD 1664 approved Countryside Properties as preferred development partner to develop the land at the Beam Park site. The paper is seeking additional approval for amendments to MD 1664. The amendments will not result in additional expenditure to that approved in MD1664.
Section 30 of the Greater London Authority Act 1999 (as amended) (GLA Act) gives the Mayor a general power to do anything which he considers will further one or more of the principal purposes of the GLA as set out in section 30(2) which are:
i. Promoting economic development and wealth creation in Greater London;
ii. Promoting social development in Greater London; and
iii. Promoting the improvement of the environment in Greater London
and, in formulating the proposals in respect of which a decision is sought, officers confirm they have complied with the GLA’s related statutory duties to:
• pay due regard to the principle that there should be equality of opportunity for all people;
• consider how the proposals will promote the improvement of health of persons in Greater London, promote the reduction of health inequalities between persons living in Greater London, contribute towards the achievement of sustainable development in the United Kingdom and contribute towards the mitigation of or adaptation to climate change in the United Kingdom; and
• Consult with appropriate bodies.
Sections 1 and 2 of this report indicate that the Director of Housing and Land has the power to proceed as recommended in this paper.
Signed decision document
DD2138 Beam Park - Entering into the Development Agreement (signed) PT1