Thamesmead Waterfront Development

Peabody TrustcontractContracts FinderRef BIP440419976complete
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Estimated value

£3.5bn

Awarded value

£8.0bn

Awarded 24 Sept 2019

Suppliers

1

Lots

1

1 awarded

Published

03 Nov 2019

Deadline 09 Feb 2018

Description

Peabody Trust ("Peabody") is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London ("Site"). The Site has the potential to deliver 11,500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: providing or securing investment; providing strategic advice in relation to the overarching business plan, the masterplan and physical infrastructure; place-making and design services; development delivery, project management, construction management and procurement services; stakeholder engagement and consultation services; advice in relation to the long-term management of the Site; and advice on the marketing and disposal of development parcels. The opportunity may also involve managing developed assets held by the JV partnership and/or by Peabody to generate income streams.

Scope

Reference
BIP440419976
Total value
£3,500,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
20 Oct 2019 to 20 Oct 2059
CPV classifications
45211360

Submission & procedure

Submission deadline
09 Feb 2018, 12:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£8.0bn

Award date

24 Sept 2019

Contract start

20 Oct 2019

Contract end

20 Oct 2059