SOL - Mell Square - Town Centre Redevelopment and Repurposing

A Contract Award Notice
by SOLIHULL METROPOLITAN BOROUGH COUNCIL

Source
Find a Tender
Type
Contract (Works)
Duration
15 year (est.)
Value
£300M
Sector
CONSTRUCTION
Published
03 Dec 2023
Delivery
To 15 Sep 2038 (est.)
Deadline
n/a

Concepts

Location

Solihull

Geochart for 3 buyers and 1 suppliers

3 buyers

1 supplier

Description

The Council was seeking a development / investment partner with the relevant experience, capability and resources to instigate transformational change at the Site through retail and residential reconfiguration and redevelopment to deliver a balance of uses to attract people into the town centre to live, work and visit, to create a new town centre destination with a strong sense of place.It was proposed that the Council and the successful bidder would enter into a partnering structure that would align the parties' goals and provide a mechanism for the development to be delivered. The Council envisaged this would be through a contractual joint venture approach.

Total Quantity or Scope

The Council is seeking a development / investment partner with the relevant experience, capability and resources to instigate transformational change at the Site through retail and residential reconfiguration and redevelopment to deliver a balance of uses to attract people into the town centre to live, work and visit, to create a new town centre destination with a strong sense of place. It is proposed that the Council and the successful bidder will enter into a partnering structure that will align the parties' goals and provide a mechanism for the development to be delivered. The Council currently envisages this will be through a contractual joint venture approach. The partnering structure will also provide for a joint working governance structure whereby decisions are taken through a project board comprised of both parties. The arrangement is likely to be conditional on agreeing an overall business plan for the development opportunity supported by a detailed masterplan, setting out how the vision for the Site will be realised.

Award Detail

1 Muse Places (London)
  • SOL - Mell Square - Town Centre Redevelopment and Repurposing
  • Reference: 1
  • Num offers: 2
  • Value: £265,000,000

Award Criteria

Technical Quality and Social Value 80.0
Commercial 20.0

CPV Codes

  • 45000000 - Construction work
  • 70000000 - Real estate services

Indicators

  • Award on basis of price and quality.

Reference

Domains