ACQUISITION OF FORMER HOUSE OF FRASER BUILDING – 92 GRANGE ROAD, BIRKENHEAD
92 Grange Road, Birkenhead (“the
Property”) is situated at the heart of Birkenhead town centre
and therefore forms a key site in respect of enabling any future
redevelopment of the town centre to take place. The Property, shown
edged red on the plan appended to this report as Appendix 1,
includes a car park with 86 spaces and a rear service yard. This
purchase is recommended as this Property is key to enabling the
comprehensive regeneration of Birkenhead town centre which is a
strategic priority for the Council.
The purchase of the Property will increase the Council’s holdings and influence over the town centre. The Property occupies a prime gateway site at the entrance to the planning central business district of Birkenhead, in close proximity to the proposed redevelopment of Milton Pavements and the residential proposals for Hind Street.
The acquisition of the Property will enhance the Council’s existing portfolio, giving it the ability to exercise control of the future use and development of the site which could influence the value of existing holdings and projected values of other Council properties in the area.
The Acquisition of the Property will defend against an alternative use which could have a negative impact on the development plans for the town. This is also a defensive acquisition to prevent an undesirable use or development which could detract from the Council’s plans to regenerate the area.
Decision type: Key
Reason Key: Expenditure impact > £500,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 12/01/2021
Decision due: 12 Jan 2021 by Director: Governance and Assurance (Monitoring Officer)
Contact: Philip McCourt, Director of Law and Governance (Monitoring Officer) Email: firstname.lastname@example.org Tel: 691 8498.