Decision
URL: https://moderngov.southwark.gov.uk/ieDecisionDetails.aspx?ID=8244
Decision Maker: Cabinet Member for New Homes and Sustainable Development
Outcome:
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose: Approval of sites to be included in the Southwark Construction New Homes Programme 2022-2026
Content: Approval of sites to be included in the Southwark Construction New Homes Programme 2022-2026 1. That the Cabinet Member for New Homes and Sustainable Development, in consultation with the Strategic Director of Housing, the Strategic Director of Resources and the Director of Planning and Growth approves: 1.1 The list of sites outlined in Table 1 to be included within the procurement exercise to find development agreement partners, in accordance with delegations (recommendation 7) outlined in the GW1 - Southwark Construction New Homes Programme 2022-2026 Procurement Strategy paper (the ‘GW1 paper’). 1.2 The recommended lotting strategy as outlined in Matters Relating to Recommendation 1.2 – Lotting Strategy, specifically paragraph 17 to 22. 1.3 The proposed procurement approach of Competitive Dialogue, as outlined in the Matters Relating to Recommendation 1.3 - Procurement Approach section (paragraphs 23 to 28), for the Development Agreement programme in accordance with delegations outlined in the GW1 paper (recommendation 8.). 1.4 The principle of best site utilisation will apply as per delegations outlined in the GW1 paper (recommendation 10.) and set out in paragraph 30 to 32. Table 1 will be included in the programme submitted to the GLA and therefore eligible for Affordable Housing Programme grant. 2. That the Cabinet Member for New Homes and Sustainable Development, in consultation with the Strategic Director of Housing, the Strategic Director of Resources and the Director of Planning and Growth notes: 2.1 The lots will be constructed to deliver up to 50% affordable housing (London Plan target level) and this will be sought from development agreement partners as part of the procurement exercise, which will be required to be policy compliant. 2.2 That in relation to paragraph 2.1, any lower ratio consideration / proposal would be subject to a compliant viability assessment submitted to relevant planning authorities. 2.3 That the feasibility budget was approved via HRA budget recovery board in July 2024 in accordance with delegations outlined in the GW1 paper (recommendation 6). 2.4 The minimum estimated, expected number of homes and council homes to be delivered as part of programme, is detailed in Table 1 and is subject to viability assumptions. 2.5 The programme risks outlined within the Programme Risks section.
Date of Decision: January 7, 2025