75 Bugsby's Way, London, SE10 0QJ

GLA Land and Property LimitedcontractContracts FinderRef TFL001-DN615241-40598577closed
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Estimated value

£106.9m

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

04 Oct 2022

Deadline 01 Nov 2022

Description

75 Bugsby's Way is a 3.38- acre industrial site on the Greenwich Peninsula, with excellent links to central London and from the M25. It is owned by Greater London Authority Land and Property (GLAP). The site has significant potential for intensive industrial/logistics development that is expected to attract a variety of businesses and provide employment opportunities to the local community. The GLA is undertaking a procurement for the development of this site as part of the Mayor's plans to regenerate the Greenwich Peninsula. The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development. The successful developer will then need to find tenants to generate a return.

Scope

Reference
TFL001-DN615241-40598577
Total value
£106,943,267 excluding VAT
Commercial tool
Standalone contract
Contract dates
22 Jun 2023 to 21 Jun 2030
CPV classifications
45000000 71000000

Submission & procedure

Submission deadline
01 Nov 2022, 5:00 pm