Tender

Westbury Estate Renewal

LONDON BOROUGH OF LAMBETH

This public procurement record has 1 release in its history.

Tender

20 Nov 2024 at 12:22

Summary of the contracting process

The London Borough of Lambeth is seeking a Development Partner for the renewal of the Westbury Estate under a Development Agreement on a long leasehold basis. This active tender, titled "Westbury Estate Renewal", falls under the industry category of building construction work and includes a budget of £370 million. The project, located in Clapham, London (SW8 3LG), involves redesigning the master plan, securing planning permissions, and overseeing the construction and marketing of residential homes and commercial units. The procurement stage for this tender is currently active, with a deadline for electronic and written submissions on 23rd December 2024 at 12:00 UTC. The contract period is set for 720 days, and this competitive procedure will involve negotiation with selected bidders.

This tender represents a significant opportunity for businesses in the construction, real estate development, and urban planning sectors to engage in a high-profile project. Companies with expertise in large-scale housing projects, particularly those with experience in urban redevelopment and sustainable building practices, will be well-suited to compete. Additionally, consortiums that include Registered Providers capable of securing grant funding and managing social housing may find this opportunity particularly advantageous. The successful Development Partner will benefit from long-term involvement in one of London's key redevelopment projects, including opportunities associated with the marketing and sale of newly developed residential and commercial properties.

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Notice Title

Westbury Estate Renewal

Notice Description

The London Borough of Lambeth is seeking a Development Partner to bring forward the renewal of the Westbury Estate through a Development Agreement on a long leasehold basis.

Lot Information

Lot 1

The London Borough of Lambeth is seeking a Development Partner to bring forward the renewal of the Westbury Estate through a Development Agreement on a long leasehold basis. The Westbury Estate is located on Wandsworth Road, Clapham, SW8 3LG in the northwest of the borough, on the boundary with the London Borough of Wandsworth at Heathbrook Park. Outline planning permission was obtained in 2018 (Planning ref: 17/05991/OUT) for a comprehensive redevelopment masterplan, consisting of 270 new homes. Phase 1 of the masterplan was subsequently delivered in 2021 through a S106 agreement by St James, providing 64 new affordable homes for residents at social rent (Planning ref: 17/06112/FUL). The Development Partner would be responsible for redesigning the masterplan and securing planning permission. Upon the grant of planning consent and the discharge of other conditions, would also be responsible for funding construction stage and the sale and marketing of the residential homes and commercial units, plus other development costs on the project. The Development Partner may be a Registered Provider who, is a developer in their own right and leads the design, delivery, and funding of the entire project or, a delivery consortium consisting of a Development Partner who leads the design, delivery and funding of the project in partnership with a Registered Provider. The Registered Provider would secure GLA grant funding (as required), buy the affordable homes at completion and manage them as landlord, in accordance with the requirements set by the Regulator of Social Housing. London Borough of Lambeth will retain full nominations rights for the social rent homes at completion. The Council requires a minimum provision of 35% affordable housing in addition to various other requirements such as a net zero-carbon development and the Development Partner meeting all costs associated with the procurement process, plus a resident ballot should it be required for example. The Council reserves the right to amend the Invitation to Tender (ITT). It shall not amend the ITT evaluation criteria after the ITT is sent to the selected bidders.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04bd41
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037509-2024
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
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

70 - Real estate services


CPV Codes

45000000 - Construction work

45111291 - Site-development work

45210000 - Building construction work

45211000 - Construction work for multi-dwelling buildings and individual houses

45211340 - Multi-dwelling buildings construction work

45211350 - Multi-functional buildings construction work

45211360 - Urban development construction work

45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants

45213000 - Construction work for commercial buildings, warehouses and industrial buildings, buildings relating to transport

45213100 - Construction work for commercial buildings

70000000 - Real estate services

70111000 - Development of residential real estate

70112000 - Development of non-residential real estate

70120000 - Buying and selling of real estate

70123100 - Sale of residential real estate

Notice Value(s)

Tender Value
Not specified
Lots Value
£370,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20241 years ago
Submission Deadline
23 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF LAMBETH
Contact Name
Fola Duyile
Contact Email
fduyile@lambeth.gov.uk
Contact Phone
+44 02079260644

Buyer Location

Locality
LONDON
Postcode
SW2 1RW
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI45 Lambeth
Delivery Location
TLI45 Lambeth

Local Authority
Lambeth
Electoral Ward
Brixton Acre Lane
Westminster Constituency
Clapham and Brixton Hill

Open Contracting Data Standard (OCDS)

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