Progress towards achieving Borough of Poole’s ambitious multi-million pound plans to regenerate and transform the town centre is being considered by Cabinet Members at their meeting on 12 March 2019.
Members will be reviewing key documents aimed at taking the £132 million regeneration proposals to the next stage including:
•the revised indicative Heart of Poole masterplan which takes on board feedback from key stakeholders. This considers the possible relocation of the bus depot, the new bus station and the purchase of Legal and General’s interest in Brownsea House (the part of the Dolphin Centre that runs parallel to the Bus Station) to help facilitate delivery of the new bus station;
•revised procurement strategy designed to bring forward the delivery of the first regeneration procurement package which includes the new leisure centre, up to 430 new residential apartments, new hotel and office on the existing Seldown car park and Dolphin Leisure Centre sites. If approved the procurement process could start during Spring 2019.
The second regeneration procurement package includes the new bus station, new public space and new off-site bus depot. Once Heads of Terms are finalised with Go South Coast this procurement process could start during Autumn 2019;
•the updated Funding and Finance Strategy including the £6 million Government funding from the Housing Infrastructure Fund which is subject to approval from Homes England to reconfigure the George roundabout, High Street North/Elizabeth Road junction, Mount Pleasant roundabout and Seldown roundabout.
Cllr Ian Potter, Cabinet Portfolio Holder for Planning, Regeneration and Transportation, Borough of Poole, said: “These key documents demonstrate the Council’s commitment to leading the regeneration in Poole and securing Poole’s future by creating new housing, employment, economic prosperity and an enhanced public space that local residents and visitors want to utilise.
“Although the Council is a major land owner in the area, we are actively working with other third-party land owners and key stakeholders to provide a town centre that is vibrant, with retail and leisure facilities that we can be proud of and an area where our residents want to live, work, socialise and play. Residents can find out about these plans via pooleprogress.com.”
Cabinet will also acknowledge that BCP Council will assume responsibility for the Heart of Poole plans from 1 April 2019 and will consider approving the Funding and Finance Strategy and tender awards for the two procurement packages mentioned above.