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Minster Quarter Reading- Development

Reading Borough Council

This public procurement record has 2 releases in its history.

Award

06 Feb 2024 at 17:13

Award Notice
Tender

20 Sep 2022 at 12:41

Tender Notice
Summary of the contracting process

The Reading Borough Council has awarded a contract for the development of Minster Quarter Reading. The contract title is "Minster Quarter Reading - Development Opportunity," and it was awarded to McLaren Living Ltd. The procurement method used was a selective competitive procedure with negotiation. The contract has a total value of £220,000,000 and was signed on 6th February 2024.

This tender for the development of Minster Quarter Reading presents a significant business growth opportunity, particularly for companies providing real estate development services. The project is located in a prime area close to Reading station and presents opportunities for investment and regeneration. Businesses with expertise in real estate development and construction are well-suited to compete and potentially expand their operations through this contract.

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Notice Information

Notice Title

Minster Quarter Reading- Development

Notice 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

Lot Information

Lot 1

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

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-036988
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003959-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70110000 - Development services of real estate

Notice Value(s)

Tender Value
£220,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£220,000,000 £100M-£1B

Notice Dates

Publication Date
6 Feb 20242 years ago
Submission Deadline
21 Oct 2022Expired
Future Notice Date
Not specified
Award Date
6 Feb 20242 years ago
Contract Period
23 Jun 2023 - 31 Dec 2027 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Reading Borough Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
READING
Postcode
RG1 2LU
Postcode Area
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLJ11 Berkshire
Local Authority
Reading
Electoral Ward
Abbey
Westminster Constituency
Reading Central

Supplier Information

Number of Suppliers
1
Supplier Name

McLaren Living Ltd

Further Information

Open Contracting Data Standard (OCDS)

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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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