Published date: 13 October 2020

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 19 November 2020, 1pm

Contract summary

Industry

  • Urban development construction work - 45211360

Location of contract

London

Value of contract

£0

Procurement reference

BIP532625737

Published date

13 October 2020

Closing date

19 November 2020

Closing time

1pm

Contract start date

1 December 2021

Contract end date

2 December 2041

Contract type

Works

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

London Legacy Development Corporation ('LLDC') is seeking to appoint a development partner to form a corporate joint venture ("JV"). The JV shall deliver the Stratford Waterfront and Bridgewater residential developments ('the Sites') pursuant to a development agreement with LLDC ("DA"). The DA shall provide for the ultimate grant of a 250 year leasehold interest to the JV for the Sites. The Sites have the potential to deliver in the region of 1,200 homes. The initial value of this concession opportunity is approx. £700m.
This opportunity may also include the balance of Planning Development Zone 8, the Pudding Mill Lane site and Planning Development Zone 12, the Rick Roberts Way site both identified in the Legacy Communities Scheme and under the control of LLDC, the total estimated development value for the additional site is £750m.

More information

Links

About the buyer

Address

Level 10,
1 Stratford Place,
London
E20 1EJ
England

Telephone

+442032881800

Email

procurement@londonlegacy.co.uk