Albert Island Development Opportunity

GREATER LONDON AUTHORITY (GLA)

This public procurement record has 1 release in its history.

Planning

22 Jun 2026 at 15:49

Summary of the contracting process

The Greater London Authority (GLA) is in the planning stages of a tender for the Albert Island Development Opportunity, focusing on a 25-acre brownfield site in the Royal Docks, Newham. The strategic redevelopment will co-locate the new Smithfield and Billingsgate Markets, requiring development and ancillary services amounting to £220 million, inclusive of enabling infrastructure. The GLA is conducting a Preliminary Market Engagement (PME) exercise with Montagu Evans LLP facilitating, meaning interested organisations have until 6 July 2026 to submit PME questionnaires. The project falls under the development services of real estate within the UK procurement framework, aiming to appoint a development partner for site revitalisation, set to commence in April 2027.

This tender offers significant business growth opportunities for real estate development firms with experience in large-scale infrastructure projects, particularly those familiar with the UK's commercial and logistics markets. Businesses adept at collaborating on redeveloping strategic urban spaces will find this engagement advantageous. The PME process is vital for those looking to align with GLA and influence procurement strategies in a high-value, strategic redevelopment venture. Firms with expertise in site servicing, enabling infrastructure, and delivering complex mixed-use developments will be well-positioned to compete for this opportunity.

How relevant is this notice?

Notice Title

Albert Island Development Opportunity

Notice Description

GLA Land and Property Limited (GLAP) is advancing plans for the comprehensive redevelopment of Albert Island, a strategically significant 25-acre brownfield employment site in at the Royal Docks, Newham. The site has been selected by GLAP and the City of London Corporation as the preferred location for the co-located new Smithfield and Billingsgate Markets, that will be relocating from their current locations in the City of London and Tower Hamlets respectively. The opportunity is expected to involve the appointment of a development partner to work with GLAP and the Corporation to bring forward the two new wholesale markets, alongside supporting commercial and ancillary uses. The development will also require the delivery of enabling infrastructure, site servicing, and associated works to unlock the site. The existing planning consent on the site provides for c.750,000 sq ft of development, while the two new co-located markets are expected to comprise circa c.300,000 sq ft in addition to the supporting commercial and ancillary uses which are less defined. Working with the Corporation, GLAP is currently testing a range of schemes and delivery options, to inform the preferred approach. To support this, GLAP will be undertaking a Preliminary Market Engagement (PME) exercise. This will provide an opportunity for interested organisations to engage with GLAP, inform the emerging delivery and procurement strategy, and shape the approach to selecting a development partner. Montagu Evans LLP is supporting GLAP in coordinating the PME process and managing engagement with the market during this stage.

Planning Information

To inform the future delivery and procurement strategy for the Albert Island project, GLAP will undertake a Preliminary Market Engagement exercise. Montagu Evans LLP is supporting GLAP during the PME stage and coordinating engagement activities on behalf of the authority. The team wishes to engage with a diverse range of potential bidding parties. Interested organisations should email AlbertIslandPME@montagu-evans.co.uk with the subject line "Albert Island PME" to request the PME questionnaire and supporting information. Please include the organisation name, contact name, email address, telephone number and a short description of the organisation / consortium. Completed questionnaire responses should be returned by email to AlbertIslandPME@montagu-evans.co.uk no later than 15:00 on 06/07/2026. Following the PME, GLAP may undertake further engagement with selected organisations. It is not expected to be possible for GLAP to invite all interested parties to participate in further engagement. The engagement will focus on those parties with the skills, experience and expertise in delivering similar projects in the UK. This Preliminary Market Engagement notice is issued solely for information and market testing purposes. It does not constitute the commencement of a procurement procedure, create any commitment by GLAP to procure a development partner, or constitute any form of pre-qualification process. Responses are sought for market engagement purposes only, and proposals are not invited at this stage. GLAP is not liable for any costs, fees or expenses incurred by any party participating in any aspect of this early market engagement exercise.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ba79
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058681-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

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
Not specified

Notice Dates

Publication Date
22 Jun 20262 days ago
Submission Deadline
Not specified
Future Notice Date
6 Jul 20262 weeks to go
Award Date
Not specified
Contract Period
31 Mar 2027 - 31 Mar 2037 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
GREATER LONDON AUTHORITY (GLA)
Additional Buyers

PLACES FOR LONDON LIMITED

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
E16 1ZE
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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