Rick Roberts Way Developer Partner Procurement
key details
| Value | £165,000,000 |
|---|---|
| Status | active |
| Category (CPV) | 45211360 +39 more |
| Region | London |
| Deadline | 12 Sept 2022 |
| OCID | ocds-h6vhtk-03547b |
description
London Legacy Corporation Development (LLDC) is seeking to appoint a development partner (Developer) to deliver the Rick Roberts Way residential development (the Project) via a Development Agreement (DA) with LLDC. The Project has the potential to deliver in the region of 450 homes 50% of which will be affordable to meet the Portfolio requirement (by habitable room), plus additional affordable units as required to meet the LLDC Portfolio Shortfall as set out in the Stratford Waterfront Unilateral Undertaking (July 2019). The current estimate is that this will result in development with c.78% affordable housing (by habitable room). The estimated value of the opportunity is approx. £165m. The completed Development will be leased to the Developer on a 990-year lease.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 21 Jul 2022 | Concession notice (F24) | Earlier regulations | 019923-2022 |
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source
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