Strategic development partner for the regeneration of the Hayes Town Centre and Avondale Drive Estates and a pipeline of strategic projects
Estimated value
£230.0m
Awarded value
—
Suppliers
0
Lots
1
Published
27 Jul 2021
Description
The Authority is seeking to appoint a partner to form a long term development and regeneration vehicle to secure investment and expertise to deliver the Authority's redevelopment of the Hayes Town Centre and Avondale Drive estates. The redevelopment projects are expected to deliver in the region of 750 mixed tenure new homes. The scheme will involve opportunities for development sales. The redevelopment at the Hayes Town Centre and Avondale Drive estates is estimated to run for a period of eight (8) to ten (10) years to reflect the envisaged construction and sales programmes. In addition The Authority will also expect the delivery partner to sign up to a strategic partnering agreement to deliver the future pipeline projects for an initial term of ten(10) years, extendable for a period of five (5) years.
Scope
- Reference
- MT223435
- Total value
- £230,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 30 Mar 2022 to 30 Mar 2032
- CPV classifications
- 45000000
Submission & procedure
- Submission deadline
- 26 Aug 2021, 4:00 pm