Issue - meetings
*
Meeting: 12/02/2025 - Finance and Resources Committee (Item 16)
16 Update on Upper Floors of 101/103 Union Street - F&C/25/032 PDF 216 KB
Decision:
(a) notes the updated position in relation to the financial viability of any redevelopment; and
(b) instructs the Chief Officer – Corporate Landlord to continue to monitor market conditions and to take no further action with the upper floors of the property until the completion of the new market.
Minutes:
With reference to article 16 of the minute of meeting of Council of 14 December 2022, the Committee had before it a report by the Director of Families and Communities which provided an update on the position relating to Upper Floors of 101/103 Union Street, Aberdeen.
The report recommended:-
that the Committee –
(a) note the updated position in relation to the financial viability of any redevelopment; and
(b) instruct the Chief Officer – Corporate Landlord to continue to monitor market conditions and to take no further action with the upper floors of the property until the completion of the new market.
The Convener, seconded by Councillor Greig, moved:-
that the Committee approve the recommendations contained within the report.
Councillor Malik, seconded by Councillor Brooks, moved as an amendment:-
that the Committee –
(1) approve the recommendations contained within the report; and
(2) agree the estimated deficit outlined at 3.5 of the report reflects the shocking mess the SNP has made of Union Street Central, noting that a Judicial Review into bus gates is likely and that pedestrianisation of Union Street Central should see the deficit turn into a surplus.
On a division, there voted:- for the motion (5) – the Convener and Councillors Allard, Cooke, Greig and Radley; for the amendment (4) – Councillors Brooks, Farquhar, Malik and Watson.
The Committee resolved:-
to adopt the motion.