Purpose

To consider the report of the Cabinet Member
for Economic Development detailing the progress on the
masterplanning programme and next steps.

Decision

(i) 
To approve for publication (following agreement by all Renaissance
Board Members) the Southampton Renaissance Prospectus as set out in
Appendix 1 to this report.
(ii) 
To endorse the next steps, including promotion of the Southampton
Renaissance Prospectus at a Southampton Renaissance event in
February, attendance at MIPIM (Le Marché International des
Professionnels de l'Immobilier) and United Kingdom Real Estate and
Infrastructure Investment Forum (UK REiiiF).
(iii) 
To delegate authority to the Executive Director for Growth and
Prosperity following consultation with the Cabinet Member for
Economic Development to approve minor amendments to the Southampton
Renaissance Prospectus (‘The Prospectus’) and the
publication of further documents from the Masterplan outputs.
(iv) 
To delegate authority to the Executive Director for Growth and
Prosperity following consultation with the Cabinet member for
Economic Development, to procure and enter into contracts to
appoint a Strategic Development Advisor and other contracts needed
to deliver the outputs of the Southampton Renaissance Masterplan.
These costs will be covered from approved budgets.