Pudding Mill Lane Joint Venture Development Partner

A Contract Award Notice
by LONDON LEGACY DEVELOPMENT CORPORATION

Source
Find a Tender
Type
Contract (Works)
Duration
19.5 year
Value
£600M
Sector
CONSTRUCTION
Published
16 Dec 2024
Delivery
To 02 Sep 2044 (est.)
Deadline
n/a

Concepts

Location

Hackney and Newham

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

London Legacy Development Corporation (‘LLDC’) has appointed a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Pudding Mill Lane Development (‘the Site’) pursuant to a development agreement with LLDC (“DA”).

Total Quantity or Scope

See II.1.4 above and note the following: 1) LLDC has appointed a developer partner to jointly deliver the development of the Site through a 50%/50% incorporated vehicle (the “JV”) which shall be governed by a joint venture agreement. 2) the DA shall provide ultimately for a leasehold interest of the Site to be granted to the JV. 3) the JV will deliver circa 950 new homes of mixed tenure and 30,000 square meters of non-residential space.

Award Detail

1 Countryside Properties (Essex)
  • Reference: 040526-2024-1
  • Value: £600,000,000

Award Criteria

Criterion: The concession is awarded on the basis of the criteria stated in the procurement documents. _

CPV Codes

  • 45211360 - Urban development construction work
  • 70000000 - Real estate services
  • 70110000 - Development services of real estate
  • 70123100 - Sale of residential real estate
  • 70331000 - Residential property services
  • 73220000 - Development consultancy services
  • 45210000 - Building construction work

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909829177 GO Reference: GO-20241216-PRO-28909030

Reference

Domains