Award

Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre

LONDON BOROUGH OF BARNET

This public procurement record has 1 release in its history.

Award

15 Jan 2025 at 17:20

Award Notice
Summary of the contracting process

The London Borough of Barnet has completed the award stage of a procurement process for the Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre. This project, under the industry category of Development of Non-Residential Real Estate, involves a residential-led mixed-use scheme situated in Finchley, London. The procurement has an estimated value of £45,000,000 GBP. Key dates include the contract period starting on 3rd July 2026 and ending on 29th January 2029. The developer, Regal GNLP Limited, will develop the site located north of the Great North Leisure Park. The completed award notice was published on 15th January 2025.

This tender presents significant opportunities for large-scale developers and construction firms, particularly those with experience in mixed-use developments and urban regeneration projects. The replacement of the Finchley Leisure Centre and the associated development activities offer potential business growth through long-term contracts and engagement in a high-value project. As the project aims to enhance local leisure provisions and facilities, companies with expertise in both residential and public infrastructure development will find this tender especially relevant. Although the suitability criteria do not specifically favour SMEs or VCSEs, larger enterprises capable of handling substantial and complex developments will be well-positioned to contribute to and benefit from this initiative.

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Notice Information

Notice Title

Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre

Notice Description

II.1.4) Short Description: The project is for the development of the site to the north of the Great North Leisure Park, Finchley, London. The London Borough of Barnet (LBB) intend to enter into a development agreement with Regal GNLP Limited. LBB is the freeholder of a large area of land including the Great North Leisure Park ("GNLP") and the Developer owns a long headlease of GNLP and a headlease of land to the north of GNLP (known as Glebelands). Part of the land comprised within the Headlease, is subject to an underlease back to LBB of the current Finchley Leisure Centre. The developer intends to develop a residential led mixed-use scheme on the GNLP site, including the plot occupied by the current Finchley Leisure Centre. LBB has identified that the site to the north of GNLP can accommodate a replacement leisure centre to the current Finchley Leisure Centre and is attracted by this opportunity to refresh facilities and make a step-change in local leisure provision.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-65acf899-75cb-4ac5-b42b-8584ee57e49b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/32b181e6-462c-4957-9210-30954a745cdf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70112000 - Development of non-residential real estate

Notice Value(s)

Tender Value
£45,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£45,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jan 20251 years ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
20 Dec 20241 years ago
Contract Period
2 Jul 2026 - 29 Jan 2029 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BARNET
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
NW9 4EW
Post Town
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI71 Barnet
Delivery Location
TLI London
Local Authority
Barnet
Electoral Ward
Colindale North
Westminster Constituency
Hendon

Supplier Information

Number of Suppliers
1
Supplier Name

REGAL GNLP

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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