--- title: "Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley" ocid: "ocds-h6vhtk-030b6f" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-030b6f" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-030b6f.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-030b6f.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "CATALYST HOUSING LIMITED" published: "2022-01-14" --- # Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley Buyer: CATALYST HOUSING LIMITED Current stage: Tender OCID: ocds-h6vhtk-030b6f [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-030b6f) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-030b6f.json) ## Summary The Catalyst Housing Limited is currently seeking a private sector development partner for the procurement of a joint venture aimed at the development of 350 residential units on Turweston Road, Brackley. The tender process is in the active phase and follows a selective procurement method through competitive dialogue. The tender period ends on 14th February 2022, with the second stage invitation set for 18th March 2022. Catalyst Housing, based in London, is a prominent affordable housing provider, owning and managing over 34,000 homes across London and the South-East, with a project value of £90 million. This opportunity is ideal for businesses in the construction and development sectors, particularly those with experience in forming joint ventures and optimising large-scale residential projects. Companies capable of providing investment, expertise in post-planning design, phased construction, and marketing strategies for private sale units will find this tender well-suited to their capabilities. The successful joint venture partner will collaborate closely with Catalyst Housing to deliver high-quality residential units, making this a strategic opportunity for growth in the housing and community amenities industry. ## Notice Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units and is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure. Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate. In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme. ### Lot Information Lot 1 Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units. CHL is a leading London-based affordable housing provider, developer and member of the G15 group of London's largest and most influential housing associations. CHL owns and manages over 34,000 homes and is landlord to over 70,000 residents across London and the South-East. CHL is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure. Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate. In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme. More information about the opportunity is set out in the Memorandum of Information included with the procurement documents on the Portal. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/001238-2022 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Works | | Procurement method | Selective | | Procurement method details | Competitive dialogue | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Jan 2022 | | Submission deadline | 14 Feb 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £90,000,000 | | Lots value | £90,000,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | CATALYST HOUSING LIMITED | | Locality | LONDON | | Post town | West London | | Postcode | W5 2AU | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI7 Outer London - West and North West | | ITL 3 | TLI73 Ealing | | Local authority | Ealing | | Electoral ward | Ealing Broadway | | Westminster constituency | Ealing Central and Acton | | Delivery location | TLF24 West Northamptonshire, TLJ14 Oxfordshire CC | ## CPV Codes ### Divisions - 45 - Construction work - 70 - Real estate services ### Codes - 45000000 - Construction work - 70110000 - Development services of real estate ## Release History - 14 Jan 2022 at 18:15 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001238-2022 ## Notice URLs - https://catalyst.delta-esourcing.com/ - https://catalyst.delta-esourcing.com/respond/2UJQ6D538P - https://catalyst.delta-esourcing.com/tenders/UK-UK-London:-Construction-work./2UJQ6D538P - https://www.chg.org.uk/ - https://www.delta-esourcing.com/tenders/UK-UK-London:-Construction-work./2UJQ6D538P ## 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-h6vhtk-030b6f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-030b6f.json.