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Thamesmead Waterfront Development

Peabody - London , London, United Kingdom →

Award notice

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Peabody Trust ("Peabody") is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London ("Site"). The Site has the potential to deliver 11,500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: providing or securing investment; providing strategic advice in relation to the overarching business plan, the masterplan and physical...

Peabody Trust ("Peabody") is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London ("Site"). The Site has the potential to deliver 11,500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: providing or securing investment; providing strategic advice in relation to the overarching business plan, the masterplan and physical infrastructure; place-making and design services; development delivery, project management, construction management and procurement services; stakeholder engagement and consultation services; advice in relation to the long-term management of the Site; and advice on the marketing and disposal of development parcels. The opportunity may also involve managing developed assets held by the JV partnership and/or by Peabody to generate income streams.

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Contract status:

Award notice - awarded

Contract value:

£0 - 3.5B

Contract can renew:

No

Contract type:

Works

Contract sector:

  • Building construction work
  • Building construction work

Contract location:

  • London
  • London

Contract suitable for SME:

No

Contract suitable for VCO:

No


Contract notice published:

3 November 2019

Contract tender deadline:

9 February 2018

Contract start:

21 October 2019

Contract end:

21 October 2059

Contract duration:

40 years, 1 month


Contract value awarded:

£8B

Contract awarded:

25 September 2019

Supplier name City Region Country SME Award value
Lendlease Europe Holdings Limited London United Kingdom No £8B *

*Estimated potential value to supplier based on mean contract value