Belgrade Plaza Development
Report of the Executive Director of Place
(Listing Officer: Richard Moon Tel: 024 7683 2350)
Additional documents:
Minutes:
Further to Minute 114 above, the Cabinet considered a private report of the Executive Director of Place that set out confidential aspects of proposals for the change of use of land designated as Phase 2b of Belgrade Plaza.
RESOLVED that the Cabinet:
1) Approves the change of use and subsequent assignment of the land designated as Phase 2 of Belgrade Plaza, as outlined on the plan attached to the report, to the Downing Group conditional on planning consent being granted for a mixed use scheme to include residential flats, student housing and an extension to the existing hotel.
2) Approves the change of use and subsequent assignment of the land designated as Phase 1 of Belgrade Plaza, as outlined on the plan attached to the report, to Coventry University for continuing use as a multi-storey car park on the terms set out within the report.
3) Delegates authority to the Executive Director of Place and Executive Director of Resources to vary the ground lease dated 20th May 2005 and to enter into the necessary legal documentation to facilitate the delivery of the development on Phase 2b and to allow the assignment of that part of the demise forming the multi storey car park to Coventry University.