75 Bugsby's Way SE10 0QJ

A Tender Notice
by GLA LAND AND PROPERTY LIMITED

Source
Contracts Finder
Type
Contract (Works)
Duration
7 year
Value
£25M-£107M
Sector
CONSTRUCTION
Published
04 Oct 2022
Delivery
23 Jun 2023 to 22 Jun 2030
Deadline
01 Nov 2022 17:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

75 Bugsby's Way is a 3.38- acre industrial site on the Greenwich Peninsula, with excellent links to central London and from the M25. It is owned by Greater London Authority Land and Property (GLAP). The site has significant potential for intensive industrial/logistics development that is expected to attract a variety of businesses and provide employment opportunities to the local community. The GLA is undertaking a procurement for the development of this site as part of the Mayor's plans to regenerate the Greenwich Peninsula. The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development. The successful developer will then need to find tenants to generate a return.

CPV Codes

  • 45000000 - Construction work
  • 71000000 - Architectural, construction, engineering and inspection services

Other Information

The key objectives of the procurement include: The development of a multi-level industrial/logistics scheme with a wide range of unit sizes/types, including SME space; The production of a façade design that is reflective of the innovative nature of the building; sustainability, both during and after construction; achieving commercial value for the site; and meeting prospective occupiers' demands; achieving local economic development benefits The successful developer will own a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop, and build a multi-storey industrial/logistics development. Responsibility for attaining planning consent will lie with the successful developer.

Reference

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