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By Tristan Harris Sunday 06 April 2014 Updated: 09/04 22:47
THE PLANS for Bromsgrove's former market hall site will go back before the district council's cabinet on Monday (April 7) after the application was deferred last Thursday (March 27) so figures could be checked.
The multi-million pound proposal will see a complex created, housing a cinema, food store and restaurants.
Members supported those plans in principle and welcomed the progress made on the site. Changes to the original plan though included that the council retain 135 car parking spaces for 25 years.
It was felt the income to be generated by car parking was a key factor and members requested the figures provided by the developer be validated by the council’s officers and that a final decision be deferred until that had been done.
It is now anticipated the car park would bring in approximately £255,000 per year - £189,000 once VAT and operational costs are taken into account.
That proposal was moved by Coun Roger Hollingworth and on Monday, members will be asked again to give the go ahead to sell the site, which currently consists of George House and the Hanover Street Car Park.
If agreed, a 250-year lease will be given to developer Opus, which will then go to its tenants and get the relevant documentation signed so work in the area can get underway.
It is believed a retailer is in place for the site, but all parties are remaining tight-lipped until a deal is signed, sealed and delivered.
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