Prior Information Notice and Early Market Engagement for Old Oak and Park Royal Development Corporation Procurement Opportunity

Concepts

• urban development
• old oak
• old oak common station
• park royal development corporation procurement opportunity
• park royal development corporation
• the new old oak common station
• market engagement
• park royal
• the old oak and park royal opportunity area
• early market engagement

Location

London: LONDON

Description

Old Oak and Park Royal Development Corporation (OPDC) would like to notify the development and investment market about a mixed-use development opportunity at Old Oak. With the arrival of HS2 and the Elizabeth line at the new Old Oak Common station, Old Oak provides an exciting opportunity to deliver a new urban district in West London. OPDC has been developing plans to bring forward the regeneration opportunity with the capacity to unlock up to 9,000 homes, approximately 3million sq ft of commercial accommodation with retail and community space, alongside 25 acres of public realm. OPDC was established by the Mayor of London to secure regeneration of the Old Oak and Park Royal opportunity area, spanning three London boroughs; Ealing, Brent and Hammersmith & Fulham. Old Oak sits at the centre of this opportunity area and comprises around 70 acres of brownfield land, stretching from Willesden Junction station in the north, down to North Acton in the south and including Old Oak Common station to the east. OPDC is keen to engage with developers, investors and registered providers to help shape the proposition which is brought to market.

Total Quantity or Scope

OPDC is seeking partnership to support with planning, investment and development capability to deliver comprehensive regeneration at Old Oak. OPDC is currently exploring various delivery and structuring options which will be further informed by Early Market Engagement. This Prior Information Notice (PIN) is to notify the market that OPDC plans to engage with the market before finalising its procurement strategy. OPDC would like to discuss the development proposals, planning, infrastructure, funding and delivery options to receive feedback and ensure that the proposal is market-facing. The engagement will focus on those entities with the skills, experience, and expertise in delivering large-scale residential, office or mixed-use development. OPDC reserves the right to limit provision of further information to those entities. … Please click on this link to complete and return the questionnaire: https://forms.office.com/e/kX6zxwjXQx The deadline for submitting your response is 5:00 pm, 4 November 2024. Please note that market engagement does not constitute the commencement of the formal procurement process and proposals are not invited at this stage. Additional information: Following the PIN and market engagement process, the OPDC will launch the procurement of a delivery partner via a regulated procurement process. The formal procurement process is currently anticipated to commence in the summer of 2025 and take 12-14 months to complete.

CPV Codes

• 45211360 - Urban development construction work

Other Information

OPDC is specifically looking to engage with entities who have delivered and/or invested in similar types of projects recently or are currently active in the market and reserves the right to limit provision of further information to those entities. If any entities are interested in being involved in the early market engagement process but are not themselves capable of delivering the relevant services, we may request further information for OPDC’s consideration. ** PREVIEW NOTICE, please check Find a Tender for full details. ** For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Urban-development-construc... To respond to this EME opportunity, please click here: https://www.delta-esourcing.com/respond/Z8Q8K364MP For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Urban-development-construc... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/Z8Q8K364MP GO Reference: GO-20241022-PRO-28235794