Tender

Lots Road South Contract Notice

CAPITALESOURCING

This public procurement record has 1 release in its history.

Tender

22 Apr 2022 at 16:11

Tender Notice
Summary of the contracting process

The Royal Borough of Kensington and Chelsea is seeking a development partner for the "Lots Road South Contract Notice," focused on a mixed-use redevelopment project in London. The procurement is currently in the tender stage, with a budget of £145 million allocated for construction work. The tender period concludes on 27th May 2022, with the contract anticipated to commence on 9th January 2023 and run until 9th January 2025. This development will include approximately 65 Extra-Care social rented homes, 23 general needs social rented homes, and 13 key-worker homes, alongside 5,000m² of commercial space for various uses such as cafes and medical services. The site is well-positioned near the river and low-rise Victorian housing, signalling significant local regeneration efforts.

This tender presents a remarkable opportunity for businesses in the construction and development sectors to engage in a major urban redevelopment programme. Companies specialising in residential and mixed-use developments, particularly those experienced in social housing and commercial projects, will find this procurement advantageous. With a focus on sustainable and community-driven design, contractors with capabilities in planning, design, and financing are well-suited to respond, contributing to the revitalisation of this historic yet evolving area.

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Notice Information

Notice Title

Lots Road South Contract Notice

Notice Description

The Council intends to appoint a development partner to deliver a mixed-use development to include residential and employment floorspace. Circa 65 Extra-Care social rented homes, 23 general needs social rented homes and 13 intermediate tenure/key worker homes (subject to compliance with relevant planning requirements) will be delivered alongside open market homes. Non-residential development will include 5,000m2 of employment/ commercial space including potential for cafe, creative/design companies, medical / NHS services, galleries and retail uses. The works are anticipated to commence in 2023. The Council have a comprehensive plan incorporating the subject site, looking to transform the local area to make it both a place for residents to live and to work. With the continued growth of the Borough, the Council realise that further expansion of the area is necessary to meet the needs of its residents, in addition to recognising the requirement for redevelopment of existing assets. Having sought the views of local residents, options have been developed that would provide new homes, fifty percent of which would be social rent and keyworker homes including Extra Care homes, enhancement of the Employment Zone and provision of community facilities alongside landscaping and greenspace. This is a unique opportunity to be a part of a significant redevelopment scheme, presenting both development and investment potential. The Council are actively seeking a development partner to assist with planning, design and funding, with the ambition to deliver a sophisticated redevelopment of the Lots Road South site. The site is situated towards the south-western point of the Royal Borough of Kensington & Chelsea, positioned nearby the river frontage, alongside low-rise Victorian houses as well as more significant new residential and mixed use development. The site is accessed from Lots Road, connecting the area to the popular King's Road to the north and Chelsea Creek to the south. It is part of a unique location, which historically was a working area of industry and commercial riverside uses, now undergoing substantial regeneration. Additional information: All tender related documents can be accessed via capitalesourcing at; https://www.capitalesourcing.com/go/520485270180518E8206 Please note in order to view the opportunity on capitalesourcing, you must be registered as a user on the portal. To do so please use the following link; https://www.capitalesourcing.com/web/login.shtml and click on the blue button titled 'supplier registration' Please note the council reserves the right to amend this notice at any time.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-44a1c811-a933-4061-8e9b-809223a0d369
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f10c083f-0785-4431-80e8-2720f2240ec1
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45000000 - Construction work

Notice Value(s)

Tender Value
£145,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20223 years ago
Submission Deadline
27 May 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Jan 2023 - 9 Jan 2025 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CAPITALESOURCING
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W8 7NX
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London
Local Authority
Kensington and Chelsea
Electoral Ward
Campden
Westminster Constituency
Kensington and Bayswater

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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