--- title: "Tender for the role of development partner for developing a residential led development with under a 250 year lease across three council owned sites adjacent to Larkhall Park." ocid: "ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LONDON BOROUGH OF LAMBETH" published: "2018-03-25" --- # Tender for the role of development partner for developing a residential led development with under a 250 year lease across three council owned sites adjacent to Larkhall Park. Buyer: LONDON BOROUGH OF LAMBETH Current stage: Tender OCID: ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca.json) ## Summary The London Borough of Lambeth is seeking a development partner for a residential-led project adjacent to Larkhall Park, with a total estimated contract value of £4,950,000. This tender is currently in the 'Tender' stage, with submissions due by 23rd April 2018. The project involves transforming three underutilised council-owned sites into high-quality residential units, incorporating a significant portion of affordable housing (50% onsite). The procurement will follow a restricted procedure and is classified under real estate services, with the development period set to commence on 20th August 2018 and run for two years. This opportunity presents significant growth prospects for businesses specialising in real estate development, affordable housing, and community engagement, particularly those with a capability to design and execute residential projects that meet local planning requirements. Companies that can provide flexible business or community spaces, and demonstrate a commitment to enhancing local environments, will find themselves well-suited to compete. Engagement with key stakeholders, such as the Friends of Larkhall Park, will be critical for success, making this a prime opportunity for firms experienced in collaborative community development projects. ## Notice The three sites next to Larkhall Park are currently underutilised and have been identified as an opportunity to deliver a high quality residential led development to include a policy compliant level (50% onsite with 70% Social Rent 30% Intermediate Rent split) of affordable housing. An appropriate quantum of commercial use in the form of flexible business/community floor space is also required to help offset the loss of existing business and community uses on Site 1 and Site 3 respectively. A high quality development is critical to improve the local environment and in particular offer an opportunity to enhance the settings of the adjacent park and heritage assets next to Site 2. In that regard the Friends of Larkhall Park are a very important stakeholder that the selected development partner must proactively engage with during the planning phase. The concept design that accompanies the ITT has been positively tested with the Local Planning Authority and therefore assists with some parameter setting for prospective tenderers. However, the Council has not set an upper limit on the number of residential units to be provided across the sites and will be assessing the urban design principles which inform the developer's design proposals including height, massing and density. It is anticipated that the three sites will come forward as a single planning application unless it can be demonstrated that this will be prejudicial to delivery or programme. The Council does not have a specific occupational/operational requirement for the commercial floor space and will not be looking to take an occupational interest in it. However, the Council will require an Option in the Development Agreement to acquire the entire floor space, or part thereof, from the successful bidder at a price in line with the value attributed to it within the Tenderer's bid. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c5bf442b-f9e2-459e-b4d6-ef930c433a45 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Mar 2018 | | Submission deadline | 23 Apr 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 19 Aug 2018 - 20 Aug 2020 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £4,950,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LONDON BOROUGH OF LAMBETH | | Locality | LONDON | | Post town | South West London | | Postcode | SW8 2LL | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI45 Lambeth | | Local authority | Lambeth | | Electoral ward | Vauxhall | | Westminster constituency | Vauxhall and Camberwell Green | | Delivery location | TLI London | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services - 70122000 - Land sale or purchase services ## Release History - 25 Mar 2018 at 16:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c5bf442b-f9e2-459e-b4d6-ef930c433a45 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/c5bf442b-f9e2-459e-b4d6-ef930c433a45 25th March 2018 - Opportunity notice on Contracts Finder - https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=23726&B=LBLAMBETH Additional data - https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/18 User / Company ## Notice URLs - http://www.lambeth.gov.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-44db5b08-93fa-432d-a404-510d980cd7ca.json.