75 Bugsby's Way, Multi-Level Industrial Development and Disposal

A Contract Award Notice
by TRANSPORT FOR LONDON

Source
Contracts Finder
Type
Contract (Services)
Duration
17 month
Value
£106K
Sector
BUSINESS
Published
30 Dec 2021
Delivery
07 Jun 2021 to 31 Oct 2022
Deadline
24 May 2021 00:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

GLA Land and Property is using its assets to deliver on the Mayor's priorities within the new London Plan. The site, 75 Bugsby's Way, has been identified as a suitable site for industrial intensification, as per policy E7 of the new London Plan. The detailed objectives are to: - Deliver an exemplar, innovative and forward-thinking multi-level industrial facility that offers the highest levels of sustainability in its construction and operation; - Demonstrate good design, and high-quality architectural approaches that are mindful to its surrounding context; - Offer a resilient building, with a range of unit sizes to cater for strategic and local demand; including space for logistics and SME occupiers; and - Prioritise employee welfare in this next generation of industrial building. GLAP wants to partner with an industrial development expert to bring forward this multi-level building. As one of London's first multi-level industrial facilities, a strong public/private partnership will mitigate risk for both parties and ensure the relevant expertise is on-board to deliver an exemplar, innovative and successful model of industrial development for London. GLAP has a range of investment approaches and can be flexible in the way it can be involved in the partnership, from an investment (capital or revenue-based) and occupational perspective (e.g. head lease). GLAP needs to make a commercial return through the partnership. As part of the services the Consultant shall be required to: 1. Undertake structured market testing to determine the procurement route and delivery strategy: and 2. Support the GLA to dispose of 75 Bugsby's Way.

Award Detail

1 Cushman & Wakefield Debenham Tie Leung (London)
  • Value: £106,386

CPV Codes

  • 70000000 - Real estate services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains