Martin Redfern
Mid Devon District Council is expected to wind up 3 Rivers Developments Ltd, a failing property development company it set up in 2017 and has since loaned more than £21 million.
The council has made provision for company losses of £5.3 million and further write-offs are expected.
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Move to replace resident views on key decisions and policies with opinion polls and selective questionnaires follows serial failure to uphold own consultation charter.
£7m demolition, construction and refurbishment of facility remains unfunded after £1m+ project development process as council explores “a number of funding sources” including up to £2m from Sport England.
Mike Ashley-owned sports goods and retail group became Paris Street and Sidwell Street landlord in October, prompting council to rethink options for former bus station and revisit comprehensive redevelopment of wider site stalled since 2017.
4.5 acre Grace Road Fields plot “most suitable” for development despite Belle Isle Depot brownfield site location beside river on heat network distribution route.
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Council promised “wide-ranging, fully open public consultation” on future of 40 acre public open space when decision made to transfer land to trust, while outcome of statutory consultation on disposal remains unpublished.
SATURDAY 14 DECEMBER 2024 TO SUNDAY 5 JANUARY 2025
A family-friendly, interactive production set in a festive forest by Theatre Alibi, Angel Exit Theatre and Above Bounds.
EMMANUEL HALL
