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Issue details

Covid 19 Impact on Daedalus Faraday Business Park Investment Project

As a result of the Covid-19 impact, and in light of a changing economy the proposed capital investments at Daedalus have been reviewed to help determine the future financial implications for the Council. This report addresses the proposed capital investment on Faraday Business Park.

 

At the 7 January 2019 Executive it was agreed to fund the construction of new industrial / business units at Faraday Business Park and the appointment of a contractor for the development to be delegated to the relevant Director following consultation with the Executive Member for Policy and Resources.

 

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 07/08/2020

Anticipated restriction: Part exempt  - View reasons

Decision due: 7 Sep 2020 by Executive

Lead member: Executive Member for Policy & Resources

Lead director: Director of Planning and Regeneration

Contact: Richard Jolley, Director of Planning & Regeneration Email: rjolley@fareham.gov.uk.

Consultees

None

Background Papers: ** Addendum Market report

Decisions

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