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Contract for Development Partner for Seven Kings Development and Community Hub Site

LONDON BOROUGH OF REDBRIDGE Published 15 Feb 2024 Find a Tender

key details

Value£8,000,000
Statusactive
Category (CPV) 45000000 +18 more
RegionLondon
Deadline18 Mar 2024
OCIDocds-h6vhtk-043a77

description

The London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford.

The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent.

To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme.

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
15 Feb 2024 Concession notice (F24) Earlier regulations 005109-2024
15 Feb 2024 Tender (tender) · ac9fa2fc-8430-4419-93f9-ca59a750b0be-723802

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