FORMER FIRE STATION SITE, BURY - DEVELOPMENT OPTIONS
Minutes:
The Leader and Cabinet Member for Regeneration submitted a report setting out options for taking forward the development of the former fire station, directly adjacent to the Rock Shopping Centre.
Delegated decision:
That approval be given to entering into a conditional development agreement as detailed in the report.
Reason for the decision:
The proposal is the most likely option to produce a development scheme in the medium term which meets the Council’s aspirations for this strategically important site.
Other options considered and rejected:
Do nothing and wait for the market to improve.
Sale of the site on the open market.
Market the site to seek a development partner