MD1660 Silvertown Way Deed of Variation
GLA Land & Property Ltd’s (“GLAP”) land at Silvertown Way is currently under a development agreement with Galliford Try Partnerships Limited & Linden Limited (“GT”).
This agreement was entered in June 2015 and will facilitate the residential-led redevelopment of this strategic site.
A small number of variations to the development agreement are required to enable the scheme to progress and achieve planning permission.
The Mayor approves GLA and & Property Ltd entering into the deed of variation on the terms set out within this paper
Part 1: Non-confidential facts and advice
1.1 GLA Land & Property Ltd’s (“GLAP’s”) land at Silvertown Way is currently under a Development Agreement with Galliford Try Partnerships Limited & Linden Limited (“GT”).
1.2 The agreement was entered in June 2015 and allows GT to drawn down the site for residential-led development subject to achieving planning permission (the Development Agreement).
1.3 A small number of amendments to the Development Agreement are required to enable the scheme to progress and achieve planning permission.
1.4 Further details are contained in the reserved part 2 of this report.
3.1 It is not anticipated that the recommended amendments to the Development Agreement will have a negative impact on any groups identified under the Equality Act 2010.
4.1 Further details are contained in part 2 of this report.
5.1 Further details are contained in part 2 of this report.
6.1 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.
6.2 Sections 1 and 2 of this report indicate that the Mayor has the power to proceed to make the decisions as requested within this report.
7.1 The proposed changes were endorsed by IPB on 19 April 2016.
Enter Deed of Variation
Planning application submitted