Minster Quarter Reading- Development

A Contract Award Notice
by READING BOROUGH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
4.5 year (est.)
Value
£220M
Sector
BUSINESS
Published
06 Feb 2024
Delivery
23 Jun 2023 to 31 Dec 2027 (est.)
Deadline
n/a

Concepts

Location

Reading

Geochart for 3 buyers and 1 suppliers

3 buyers

1 supplier

Description

Minster Quarter Central is situated to the south west of Reading station on the edge of the core retail area and is in close proximity to the Oracle shopping centre. The site is approximately ten minute's walk from Reading Station and offers frontage onto the Inner Distribution Road (IDR). It also bounds Castle Street and St Mary’s Butts which are historic streets that once formed part of the Saxon Centre of Reading. Both streets fall within the St Mary’s Butts/Castle Street Conservation Area. The Russell Street/ Castle Hill Conservation Area is on the western side of the IDR, opposite the Minster Quarter Area. The site is situated in the heart of Reading’s hugely attractive and busy town centre which acts as the region’s main shopping destination, is a major transport hub and soon to benefit from the opening of the Elizabeth Line. The site adjoins regionally popular Hexagon Theatre and is also located in an area due for significant investment and regeneration in the next few years

Award Detail

1 Mclaren Living (London)
  • Minster Quarter Reading - Development Opportunity
  • Reference: 1
  • Num offers: 2
  • Value: £220,000,000

Award Criteria

Technical/Social Value/Approach to Risk _
Financials 35.0

CPV Codes

  • 70110000 - Development services of real estate

Indicators

  • Award on basis of price and quality.

Reference

Domains