Delivery Partner for Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent
key details
| Value | £170,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 45000000 +2 more |
| Region | London |
| Deadline | 4 May 2021 |
| Procedure | limited |
| OCID | ocds-h6vhtk-02a25a |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £170,000,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| London Square Developments shared | · | · | active |
| London Square Developments Limited shared | · | · | active |
description
The Council entered into a deed of variation with London Square Developments Limited (the Developer) and London Square Limited (the Guarantor) in relation to an existing development agreement between the parties (the Underlying Contract) which was entered into on 28 September 2022 to ensure the viability and deliverability of the scheme under the Underlying Contract. The key variations comprise a reduction in the minimum level of commercial workspace required in alignment with Local Plan policy for mixed-use regeneration schemes, a reduction in minimum affordable housing levels from 50% to 40% and a reduction in the Council's land receipt in line with revised financial modelling and which represents best consideration in today's market.
notice history
5 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 1 Apr 2021 | Contract notice (F02) | Earlier regulations | 006889-2021 |
| 10 Feb 2025 | Contract award notice (F03) | Earlier regulations | 004447-2025 |
| 19 Feb 2025 | Modification notice (F20) | Earlier regulations | 006029-2025 |
| 5 Mar 2025 | Voluntary ex-ante transparency (F15) | Earlier regulations | 008068-2025 |
| 19 Mar 2025 | Contract award notice (F03) | Earlier regulations | 010147-2025 |
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source
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