A July deadline has been set for the publication of detailed design, project costs and lease / financing proposals for the Guildhall.
The complex has been largely unused for over 2 years now.
York Guildhall
The current plans involve refurbishment and part redevelopment of the Guildhall complex.
Ongoing use of the Council chamber – by the Council – has been agreed, but the proposals also involve the “creation of a business club, serviced office venue and associated cafe / restaurant units”.
The retention of public access to the historic parts of the site has been generally welcomed.
However, the failure of the new coalition administration, 12 months ago, to seek open market interest in the modern part of the site has led to widespread concern.
An opportunity it to maximise income by providing residential accommodation on the site appears to have been lost.
Taxpayers therefore still face a potential bill of up to £7 million.
Residents will be hoping that the final proposals will eliminate this subsidy and transfer any risk to commercial developers