Bracknell town centre compulsory purchase order 2007
A Compulsory Purchase Order (CPO), is a legal power which allows a local authority to obtain land or property. The council is required to demonstrate that the taking of land is necessary and that there is a ‘compelling case in the public interest’ and that the CPO has been confirmed.
Compensation is paid by the local authority and usually includes the value of the property, costs of relocating to a new property and sometimes additional payments. In the case of Bracknell town centre regeneration, this cost is covered by Bracknell Regeneration Partnership.
The land in Bracknell town centre is the subject of a CPO, confirmed by the Secretary of State in 2008. Once acquired by the council, the interests will be transferred on to the council’s development partner, Bracknell Regeneration Partnership (BRP).
Further information about compulsory purchase orders can be found on GOV.UK.
CPO notices of entry
Notices of entry were served on properties in the north of the town in February and were acquired with vacant possession on 4 June 2013. Other interests in Broadway, Crossway and Town Square were acquired at the same time under Landlord and Tenant Legislation.
It is envisaged that notices for the Charles Square phase will be served towards the end of this year with vacant possession required in Spring 2014.
The council is in the process of completing the site assembly to enable the redevelopment of the Town Centre to commence. The final stage in that process is for the council, under Section 122 of the Local Government Act 1972, to appropriate for planning purposes land which belongs to the council and is no longer required for the purpose for which it has previously been held. This has now been completed for the northern area.