Isle of Man company cancels plans for ICT College in Birkenhead

Isle of Man company cancels plans for ICT College in Birkenhead                                                       The Isle of Man Today website (which is the website for the three Manx newspapers such as the Isle of Man Courier) reported yesterday that the International Centre for Technology Ltd has "pulled the plug" on a plan to re-use the Conway Building … Continue reading “Isle of Man company cancels plans for ICT College in Birkenhead”

Isle of Man company cancels plans for ICT College in Birkenhead

                                                     

Wirral Council (15th December 2015) Cllr Adrian Jones announced plans that have now been cancelled for an ICT College in Birkenhead last month
Wirral Council (15th December 2015) Cllr Adrian Jones announced plans that have now been cancelled for an ICT College in Birkenhead last month

The Isle of Man Today website (which is the website for the three Manx newspapers such as the Isle of Man Courier) reported yesterday that the International Centre for Technology Ltd has "pulled the plug" on a plan to re-use the Conway Building and Hamilton Building (both in Birkenhead).

The Conway Building and the Hamilton Building are both owned by Wirral Council. Manx Education Foundation who had been behind the plans had a minority shareholding in the International Centre for Technology Ltd. However the International Centre for Technology Ltd have since bought out Manx Education Foundation’s shareholding which means the plan for a creative industry training college in Birkenhead will now not happen.

ICT Ltd are instead concentrating on developing a property on the Isle of Man called the Nunnery that they bought from the Tynwald (Isle of Man government) for £5 million that they hope to open later this year.

The now shelved plans for the Conway Building and Hamilton Building were previously reported on this blog and by the Liverpool Echo. News of the plans were first revealed in a report by Cllr Adrian Jones (Cabinet Member for Resources: Finance, Assets and Technology) to councillors last month.

It looks like Wirral Council will have to re-think what they will do with the Conway Building and the Hamilton Building in Birkenhead.

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EXCLUSIVE: Wirral Council plans revealed for Neptune to run Birkenhead Market

EXCLUSIVE: Wirral Council plans revealed for Neptune to run Birkenhead Market

                                                       

birkenhead-market-lease-birkenhead-market-limited-wirral-borough-council-plan-number-2-internal-floor-plan-thumbnail-min

While much of the news focus has been on the large petition in opposition to changes to Hamilton Square, a report by Cllr Adrian Jones to a meeting of Wirral’s councillors on Monday evening outlines further detail on Neptune’s plans for Birkenhead.

His report states:

A number of other major developments are ongoing, including:
 
  • Negotiations are ongoing with Neptune Developments for the sale of three sites at Europa Boulevard to provide a replacement swimming pool and fitness suite, Budget Hotel, Food court and Fast Food Drive-through. Allied to this as Phase 2 will be the grant of an intermediate lease of
    Birkenhead Market to Neptune to safeguard its continued operation, with a view to the eventual grant of a restructured lease to facilitate the development of a smaller market which will, in turn, release land for the reconfiguration of The Grange.

  • The proposal to establish the Isle of Mann University ICT Faculty in Birkenhead is still being worked on. This will utilise the Conway Building and Municipal Building in Cleveland Street. Proposed Heads of Term have been prepared in anticipation of confirmation from the University that funding is in place.

In other words, Wirral Council plan to grant Neptune an intermediate lease of Birkenhead Market, then "develop" a smaller market so that some (or all) of where Birkenhead Market is at present can be sold to become part of the Pyramids and Grange Shopping Centre.

There are further details on the rest of Neptune’s plans in a story I wrote earlier this year Will councillors tell the public what Neptune’s plans for Birkenhead Market are?

Will will the promised consultation with the public over Neptune’s plans for Birkenhead Town Centre happen?

Meanwhile across the road from Birkenhead Market, Wirral Council look set to lease the Conway Building to what’s down in the report as the "Isle of Man University", but is more likely to be the Isle of Man College at the University of Chester.

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Why did Wirral Council receive £2 million from an off shore company based in the Isle of Man?

Why did Wirral Council receive £2 million from an off shore company based in the Isle of Man?

Why did Wirral Council receive £2 million from an off shore company based in the Isle of Man?

                                                          

Following on from yesterday’s blog post about how Wirral Council spent £16,412.04 on legal advice for regeneration of Birkenhead Town Centre, you only have to look at the lease for New Brighton’s Marine Point to see why Wirral Council sees these sorts of deals with companies such as Neptune Wirral Limited/Neptune Developments Limited & Neptune Projects Limited as lucrative.

In return for a 250 year lease of New Brighton’s Marine Point between Wirral Council and Neptune Wirral Limited (an offshore company based in the Isle of Man), Wirral Council received a premium of £2 million (plus VAT). In addition to this £2 million Wirral Council also receives 6% of the rents paid by commercial tenants in the Marine Point development as the documents below show.

It’s highly likely that if Neptune’s plan to redevelop Birkenhead Town Centre goes ahead, that there will be some sort of similar lease between Neptune and Wirral Council.

New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd cover page
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd cover page
New Brighton Marine Point lease Wirral council Neptune Wirral Ltd index page
New Brighton Marine Point lease Wirral council Neptune Wirral Ltd index page
New Brighton Marine point lease Wirral Council Neptune Wirral Ltd £2 million premium
New Brighton Marine point lease Wirral Council Neptune Wirral Ltd £2 million premium
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 1
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 1
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 2
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 2
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 3
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 3
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 4
New Brighton Marine Point lease Wirral Council Neptune Wirral Ltd Additional Rent Page 4

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