Design and Build a Multi-Storey Industrial Development – London

The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development.

75 Bugsby’s Way SE10 0QJ

Contract summary

 

Industry

  • Construction work – 45000000
  • Architectural, construction, engineering and inspection services – 71000000

Location of contract

SE10 0DG

Value of contract

£25,400,000 to £106,943,267

Procurement reference

TFL001-DN615241-40598577

Published date

4 October 2022

Closing date

1 November 2022

Closing time

5pm

Contract start date

23 June 2023

Contract end date

22 June 2030

Contract type

Works

Procedure type

Negotiated procedure

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

 

Description

75 Bugsby’s Way is a 3.38- acre industrial site on the Greenwich Peninsula, with excellent links to central London and from the M25. It is owned by Greater London Authority Land and Property (GLAP). The site has significant potential for intensive industrial/logistics development that is expected to attract a variety of businesses and provide employment opportunities to the local community.

The GLA is undertaking a procurement for the development of this site as part of the Mayor’s plans to regenerate the Greenwich Peninsula.

The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development. The successful developer will then need to find tenants to generate a return.

 

More information

 

Previous notice about this procurement

75 Bugsby’s Way SE10 0QJ

  • Opportunity
  • Published 4 October 2022

 

Additional text
The key objectives of the procurement include:

The development of a multi-level industrial/logistics scheme with a wide range of unit sizes/types, including SME space;

The production of a façade design that is reflective of the innovative nature of the building;

sustainability, both during and after construction;

achieving commercial value for the site; and

meeting prospective occupiers’ demands;

achieving local economic development benefits

The successful developer will own a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop, and build a multi-storey industrial/logistics development. Responsibility for attaining planning consent will lie with the successful developer.

 

How to apply

 

Follow the instructions given in the description or the more information section.

 

About the buyer

 

Contact name

Delphina Jones

Address

Palestra
197 Blackfriars Road
London
SE1 8NJ
United Kingdom

Telephone

+44 7872496536

Email

v_DelphinaJones@tfl.gov.uk

Website

https://tfl.gov.uk