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Development at Elwick Place, Ashford, Kent

PROACTIS TENDERS LIMITED MYT Published 28 Jun 2022 Contracts Finder

key details

Value£80,250,000
Statuscomplete
Category (CPV) 45212000
RegionSouth East
Deadline9 Oct 2010
Contract start16 Oct 2010
Contract end31 Aug 2028
Procedureopen
SME suitableNo
OCIDocds-b5fd17-a4ddc04d-993b-4ec0-97a7-d67a5cd4c9e1

Award

SupplierValueDateStatus
Stanhope PLC £80,250,000 9 Oct 2010 active

description

A development agreement ("DA") was originally entered into in 2010 between the South East England Development Agency ("SEEDA") and Stanhope PLC and concerned the re-development, in phases, of a site in the centre of Ashford known as Elwick Place according to a masterplan to be agreed between the parties. In 2015 the Council acquired the site and the rights and obligations formerly vested in SEEDA under the DA. The Phases are now as follows: Phase 1 (cinema, hotel, restaurants, retail units and car park), Phase 2 (200 residential flats) and Phase 3 (yet to be agreed). The parties have now agreed certain changes to the DA. This notice concerns those changes.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
28 Jun 2022 Award (award) · 857d0bcc-789a-40f7-9828-1e130f51862f-516316

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