---
title: "Minster Quarter Reading- Development"
ocid: "ocds-h6vhtk-036988"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-036988"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-036988.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-036988.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "READING BOROUGH COUNCIL"
published: "2024-02-06"
---

# Minster Quarter Reading- Development

Buyer: READING BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-036988

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-036988)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-036988.json)

## Summary

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.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/003959-2024 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Feb 2024 |
| Submission deadline | 21 Oct 2022 |
| Future notice date | Not specified |
| Award date | 6 Feb 2024 |
| Contract period | 22 Jun 2023 - 31 Dec 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £220,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £220,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | READING BOROUGH COUNCIL |
| Locality | READING |
| Post town | Reading |
| Postcode | RG1 2LU |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | Reading |
| Electoral ward | Abbey |
| Westminster constituency | Reading Central |
| Delivery location | TLJ11 Berkshire |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MCLAREN LIVING |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70110000 - Development services of real estate

## Release History

- 6 Feb 2024 at 17:13 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/003959-2024
- 20 Sep 2022 at 11:41 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/026215-2022

## Notice URLs

- http://www.reading.gov.uk
- https://courttribunalfinder.service.gov.uk/courts/rolls-building
- https://in-tendhost.co.uk/readingbc/aspx/Tenders/Current
- https://www.gov.uk/government/organisations/cabinet-office

## 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-036988. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-036988.json.
