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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1200565 times)
Ragdoll Cobbler
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« Reply #30800 on: January 12, 2022, 14:51:57 pm »

Any update on an actual date for the standalone East Stand redevelopment Q&A council meeting, which was initially hoped would happen pre Christmas, then moved to early 2022 I believe?

GPC can update us perhaps...
« Last Edit: January 12, 2022, 14:55:25 pm by Ragdoll Cobbler » Report Spam   Logged
the grumpy old man
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« Reply #30801 on: January 12, 2022, 15:03:25 pm »

This saga has been going on for so long now I have just lost interest in it and have more or less given up reading this thread. Every time we think a resolution is near it gets kicked back by someone or other, and frankly I don't ever expect it to be rebuilt, certainly not in my lifetime anyway.

I wish it had never been started in the first place, it was ok as it was at the start, certainly better than now anyway.
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« Reply #30802 on: January 12, 2022, 15:24:43 pm »

Just when I thought I was out you pull me back in.
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I think someone should just take this city of Peterborough and just... just flush it down the f***in' toilet
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« Reply #30803 on: January 12, 2022, 15:43:15 pm »

Meanwhile, Oxford United fans are getting excited about plans submitted to Cherwell District and Oxfordshire County councils for an 18,000 stadium with leisure facilities, to be built on the outskirts of Kidlington.
Their owners don't seem to be short of finances, just the local NIMBY brigade stand in the way...and believe me, Oxfordshire has plenty of those!

Would be a fifteen minute walk from Oxford Parkway station, or bus rides from pubs in Kidlington or Oxford city centre.

Would be nice for our minimally ambitious plans to be completed before then!
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« Reply #30804 on: January 12, 2022, 16:50:33 pm »

Meanwhile, Oxford United fans are getting excited about plans submitted to Cherwell District and Oxfordshire County councils for an 18,000 stadium with leisure facilities, to be built on the outskirts of Kidlington.
Their owners don't seem to be short of finances, just the local NIMBY brigade stand in the way...and believe me, Oxfordshire has plenty of those!

Would be a fifteen minute walk from Oxford Parkway station, or bus rides from pubs in Kidlington or Oxford city centre.

Would be nice for our minimally ambitious plans to be completed before then!

Yeah but remember Rob.... "Getting excited about" and "enjoying their new facilities" are two very different things as we well know.
Oxford may well have better owners than we do who knows.
However, I think as long as we have people that object to our owners getting any return on their investment we will never see the stand completed.
It's horrendous and tiresome now.
My hope is that the council agree the deal shortly, we get the builders back in to remedy the decay of delay and allow us all to enjoy a completed building again.
I'm sure I'll get shot down for being a Thomas lover, a plastic fan, a criminal lover or whatever else the usual polite suspects wish  to call me... But that's what I want.
Fingers crossed for June  cladding deliveries.
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« Reply #30805 on: January 12, 2022, 16:59:18 pm »

Is thomas the one with the sticky-out nose? Everytime i see him his nose gets bigga. I rekon hes a puppet.
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GrangeParkCobbler
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« Reply #30806 on: January 12, 2022, 19:56:05 pm »

Any update on an actual date for the standalone East Stand redevelopment Q&A council meeting, which was initially hoped would happen pre Christmas, then moved to early 2022 I believe?

GPC can update us perhaps...

There is no update really.....certainly no date set for any other meeting. The whole East Stand development was moved off all the council agenda in December. The Council are still waiting for a "Red Book" valuation for the land, this was not done when Lambert Smith Hampton made their valuation and issued their report. Without this firmer valuation nothing can progress.

There is no requirement for the council to give seven days notice for any standalone meeting in respect of the proposed deal therefore in theory it could appear at any time as a special meeting. The next full Council Cabinet meeting where a potential deal could be agreed is not until 15th February, so there will be nothing finalised until at least then.

There is a Trust Board meeting tomorrow night, and we usually have Councillor Bignall present at our meetings, if there is any further news or firmer dates I will post out accordingly.
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« Reply #30807 on: January 12, 2022, 20:50:44 pm »

Will be a long time before anything is sorted, to many people are using this as a political football. Its all amount point scoring over rivals to worry about the Football Club.
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Ragdoll Cobbler
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« Reply #30808 on: January 12, 2022, 21:10:04 pm »

There is no update really.....certainly no date set for any other meeting. The whole East Stand development was moved off all the council agenda in December. The Council are still waiting for a "Red Book" valuation for the land, this was not done when Lambert Smith Hampton made their valuation and issued their report. Without this firmer valuation nothing can progress.

There is no requirement for the council to give seven days notice for any standalone meeting in respect of the proposed deal therefore in theory it could appear at any time as a special meeting. The next full Council Cabinet meeting where a potential deal could be agreed is not until 15th February, so there will be nothing finalised until at least then.

There is a Trust Board meeting tomorrow night, and we usually have Councillor Bignall present at our meetings, if there is any further news or firmer dates I will post out accordingly.

Much appreciated GPC!
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« Reply #30809 on: January 13, 2022, 07:55:26 am »

Will be a long time before anything is sorted, to many people are using this as a political football. Its all amount point scoring over rivals to worry about the Football Club.
Nailed it....
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GrangeParkCobbler
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« Reply #30810 on: January 13, 2022, 23:02:40 pm »

Much appreciated GPC!

As far as a further update goes......Councillor Bignell indicated that the Council are expecting the revised valuation back by next Tuesday/Wednesday. Once they have that they can call the special meeting to discuss the matter and the whole land deal with a view to it going to Cabinet at the previously mentioned February meeting assuming the revised valuation (if any different) is still acceptable to DB/KT.
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Ragdoll Cobbler
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« Reply #30811 on: January 14, 2022, 00:20:10 am »

As far as a further update goes......Councillor Bignell indicated that the Council are expecting the revised valuation back by next Tuesday/Wednesday. Once they have that they can call the special meeting to discuss the matter and the whole land deal with a view to it going to Cabinet at the previously mentioned February meeting assuming the revised valuation (if any different) is still acceptable to DB/KT.

Thanks for the update GPC!

That's very good news about the final valuation being available next week, I honestly thought it would be several months before that came back. Do you know if it's the same company re-doing the valuation again? (correctly this time! lol)

You would have thought the club lawyer's would have made sure the original valuation was watertight before the original press release. A little bit embarrassing...

I wonder how much the valuation has changed (if at all) and if it's increased considerably, what the next move will be for KT/DB.

Also, I wonder if the special meeting can be live streamed for those that can't attend. Could be a real popcorn evening watching it all unfold...
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« Reply #30812 on: January 14, 2022, 06:17:38 am »

As far as a further update goes......Councillor Bignell indicated that the Council are expecting the revised valuation back by next Tuesday/Wednesday. Once they have that they can call the special meeting to discuss the matter and the whole land deal with a view to it going to Cabinet at the previously mentioned February meeting assuming the revised valuation (if any different) is still acceptable to DB/KT.

Let's get it done, get the East Stand 'completed' and take this off of the agenda
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« Reply #30813 on: January 14, 2022, 08:15:38 am »

Let's get it done, get the East Stand 'completed' and take this off of the agenda

Indeed - then we can start the North & South Stand Redevelopment thread ………
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« Reply #30814 on: January 14, 2022, 08:32:18 am »

You would have thought the club lawyer's would have made sure the original valuation was watertight before the original press release. A little bit embarrassing...
Same goes for the council who also released a statement.

GPC do you know if this is primarily an ass covering exercise to make sure every box is ticked, i dotted, t crossed etc or is there an expectation that the valuation may come back more than say 5-10% different to the original.

How good / funny would it be if the new assessment is significantly less than the original  Grin
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« Reply #30815 on: January 14, 2022, 12:44:43 pm »

Same goes for the council who also released a statement.

GPC do you know if this is primarily an ass covering exercise to make sure every box is ticked, i dotted, t crossed etc or is there an expectation that the valuation may come back more than say 5-10% different to the original.

How good / funny would it be if the new assessment is significantly less than the original  Grin
I will streak at the next home game if it’s lower, FACT.
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« Reply #30816 on: January 14, 2022, 13:23:05 pm »

I will streak at the next home game if it’s lower, FACT.

Please don't, noone likes to see that.
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« Reply #30817 on: January 14, 2022, 18:21:39 pm »

Same goes for the council who also released a statement.

GPC do you know if this is primarily an ass covering exercise to make sure every box is ticked, i dotted, t crossed etc or is there an expectation that the valuation may come back more than say 5-10% different to the original.

How good / funny would it be if the new assessment is significantly less than the original  Grin

Yes, ass covering is about right. Obviuosly a delicate situation with whats gone before, they don't want to get stung again. You'd have thought that someone would have realised that the valuation process needed to be robust and able to stand up to any legal challenge....hence the so called Red Book valuation which really should have been done in the first place.

I mean....the second paragraph on the second page of the 90 page report from Lambert Smith Hampton says it all really...... "Please note that advice does not accord with the minimum reporting requirements of the Royal
Institution of Chartered Surveyors Valuation Standards – Red Book Global and consequently this does not constitute a formal Red Book valuation in accordance with these Standards."

It was a bit of a giveaway don't you think??
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« Reply #30818 on: January 14, 2022, 21:27:04 pm »

Yes, ass covering is about right. Obviuosly a delicate situation with whats gone before, they don't want to get stung again. You'd have thought that someone would have realised that the valuation process needed to be robust and able to stand up to any legal challenge....hence the so called Red Book valuation which really should have been done in the first place.

I mean....the second paragraph on the second page of the 90 page report from Lambert Smith Hampton says it all really...... "Please note that advice does not accord with the minimum reporting requirements of the Royal
Institution of Chartered Surveyors Valuation Standards – Red Book Global and consequently this does not constitute a formal Red Book valuation in accordance with these Standards."

It was a bit of a giveaway don't you think??

It beggars belief.
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« Reply #30819 on: January 14, 2022, 21:59:40 pm »

Yes, ass covering is about right. Obviuosly a delicate situation with whats gone before, they don't want to get stung again. You'd have thought that someone would have realised that the valuation process needed to be robust and able to stand up to any legal challenge....hence the so called Red Book valuation which really should have been done in the first place.

I mean....the second paragraph on the second page of the 90 page report from Lambert Smith Hampton says it all really...... "Please note that advice does not accord with the minimum reporting requirements of the Royal
Institution of Chartered Surveyors Valuation Standards – Red Book Global and consequently this does not constitute a formal Red Book valuation in accordance with these Standards."

It was a bit of a giveaway don't you think??


So no point to continue reading after second para page 2 - just like an old IPS test paper!
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