Published date: 21 January 2021
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.
Contract summary
Industry
Urban development construction work - 45211360
Location of contract
North East
Value of contract
£5,000,000
Procurement reference
NCL001-DN520021-62264297
Published date
21 January 2021
Closing date
18 February 2021
Closing time
12pm
Contract start date
4 June 2021
Contract end date
31 May 2029
Contract type
Works
Procedure type
Restricted procedure
A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The University is letting this contract on behalf of Newcastle Science Central Management LLP.
The scope is for the sale of the land (through a procurement regulation compliant restricted procedure) to a Contractor with the relevant experience, capability and resources to invest in and deliver development, construction, and sale of homes to final occupation on the Helix Residential Site in accordance with the LLP's objectives and requirements.
Newcastle Helix (formerly known as Science Central) is a site of national and international significance. Regeneration of a prime City Centre site at this scale is a once in a generation opportunity.
The LLP's vision is big. A 24-acre quarter in the centre of Newcastle upon Tyne. A £350M programme of residential, commercial and academic capital development on a site previously used for coal mining and brewing.
The LLP's vision is clear: To help everybody live easier, healthier, longer and smarter lives. Now and in the future.
There is 6 residential plots for development to bring forward the new community for the site, comprising plots 12 through to 17 and representing approximately 5.5 acres of the overall site. There is a Homes England requirement to achieve a minimum of 440 residential units on the site. A planning consent for 66 units, which would contribute to the requirement has been secured by Karbon Homes in respect of plot 7 (not included in this opportunity).
The LLP expects the highest standard of housing to come forward, taking inspiration from places like the Sterling Prize winning Goldsmith Street in Norwich. A minimum land receipt of £5,000,000 (five million pounds sterling) must be paid to the LLP.
More information
Additional text
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About the buyer
Contact name
Steven Hogg
Address
Newcastle University
King's Gate
Newcastle upon Tyne
NE1 7RU
United Kingdom
Website
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Closing: 18 February 2021, 12pm
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