ADD111 Fee for disposal of White Hart Triangle in Plumstead

Type of decision: 
Assistant Director's decision
Code: 
ADD111
Date signed: 
14 March 2014
Decision by: 
Simon Powell, Assistant Director of Strategic Projects and Property

Executive summary

As part of the on-going disposal of GLA Land and Property Ltd’s (GLAP) land holdings at White Hart Triangle, GLAP requires specialist ground contamination advice in support of the sale of plot F to Crossrail. GLAP also requires external legal support during the sale process, and for future disposals and lease negotiations.

This paper seeks approval for a budget of £40,000 for professional fees associated with the disposal of current and future plots at WHT, to cover:

  • the appointment of a specialist consultant to undertake a thorough remediation and site clearance analysis, including scrutiny of scenarios presented by Transport for London and Crossrail to inform the ultimate disposal consideration;
  • Legal fees associated with sale of land, lease negotiation and Joint Venture contract alterations.

Part 1: Non-confidential facts and advice