Issue details

To allow the disposal of Council owned sites to Goram Homes to support housing delivery so to further build the company’s development pipeline and increase the supply of high quality affordable and market sale housing for the benefit of the whole of the city and to meet corporate objectives and commitments.
The transaction will initially proceed to an exchange of contracts (targeting end of current financial year/early April) with completion on satisfaction of the Project Agreement Condition relating to viability. Both sites benefit from outline planning permission with Dovercourt (ref 22/00632/PB) providing up to 140 residential units and New Fosseway (ref 22/01990/PB) up to 200 residential units (including a 70-bed extra care home and up to 250 sqm of Class E, F1 and F2 uses).
Goram Homes Limited are currently negotiating a Development Agreement with HRA on both sites and are targeting an April completion. These negotiations are independent of the sale contract.