BRADFORD Council is in talks to buy a “regeneration opportunity” in the District - but are not yet revealing what it is they are planning to purchase.
At a meeting of the Council’s Executive this morning members will be presented with a report detailing “the proposed acquisition of a regeneration opportunity in the Bradford District.”
The item will be discussed in a section of the meeting where the press and public will be excluded, as it is claimed the report will include confidential information that could prejudice the deal if made public.
Members will be asked to approve the purchase.
Bradford Council buys Ilkley retail premises for £6.25m
The Telegraph & Argus asked Bradford Council for any detail of the planned acquisition, from what asset would be purchased to how much would be spent.
A spokesman said the matter was “commercially confidential,” and that nothing could be made public at the moment.
Recent purchases by the Council have included the NCP car park on Hall Ings, which the Council bought to secure the site for the future development of Bradford Interchange, and two retail sites in Ilkley - Moors Shopping Centre and Dalesway House.
The Executive meets at 10.30am in City Hall.
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