Building construction work

Tender description

The Council is seeking a suitably qualified development partner (or consortium) to deliver 3 distinct project phases: Phase 1 — The Regeneration Delivery Plan for Gainsborough town centre and bring forward a viable development solution for 3 strategic town centre sites within the Council's ownership; Phase 2 — Housing growth, with particular focus on the Housing Zone programme and Sustainable Urban Extension development; and Phase 3 — Wider economic and housing growth through the implementation of the Council's Land and Property Agenda within the Commercial Plan 2015-2020. The Council is committed to the early delivery of Phase 1. However, Phases 2 and 3 may be delivered concurrently with Phase 1. The Council's land ownership in Gainsborough and partnership with the Homes and Communities Agency have created an excellent platform from which to promote development. The Council is looking to procure a development partner that: (a) Is looking to invest and work in partnership with the Council over a mid-term period (currently envisaged to be an initial term of 5 years, with the option to extend for 2 subsequent, respective periods of 5 years and 2 years (for a total 12 year term) to promote economic and housing growth and the creation of a self-sustainable Gainsborough; and (b) Will allow the Council to deliver town centre, housing and wider regeneration and development projects over this period following an agreement on viability, uses and market demand. The Council may support its preferred partner by: (a) Acquiring land (as agreed by the Council); (b) Grant funding; (c) Prudential borrowing; (d) Taking head-leases of properties; and (f) Delivery of the Council (and wider public sector) accommodation agenda. The Council requires a highly skilled development partner with expertise in town centre development and quality housing.