A new Pleasurama Site Development Task and Finish Group is to be set up as a priority project for the Overview and Scrutiny Panel.
This follows a meeting of cabinet held last night (Wednesday 29 May) in which members gave their full endorsement for Scrutiny to review all of the options for the development of the site in Ramsgate.
The developers were given a four month period following a meeting of Cabinet in January to satisfy the council that the finance was in place for completion of the development or to ensure an agreement was in place for the construction and operation of a hotel.
As the four month period passed without the criteria being met, Cabinet has now agreed to a review of the options for the site, which include continuing discussions with the current developer or considering alternative options. This will still involve careful consideration of the potential financial and legal implications if the site was not able to be developed as agreed.
Cabinet Member for Operational Services, Cllr Alan Poole, said: “The council is very keen to see the plans for this important site in Ramsgate come to fruition.
“Discussions are still underway with the developer, and will continue with the aim of resolving the current situation to develop the site as agreed, but we have to be realistic. We’ve waited a considerable amount of time for the developer to meet their obligations, and whilst we acknowledge the challenging economic climate, but there has to be a conclusion.
“Cabinet has agreed to a review of the situation to progress the regeneration of this prime site quickly and efficiently, however there is no doubt that this will involve some detailed and challenging discussions.
“The current development has planning permission, leases and an agreement in place so any alternative proposal would need to be carefully considered to ensure the finances and legal position could make this a viable option.
“We’re confident that Scrutiny will conduct a thorough and considered review and are hopeful that this will allow us to progress with a positive plan for the future development of this site.”