Multi-functional buildings construction work

Tender description

Ealing Council is seeking a Development Partner to deliver a regeneration scheme at the Green Southall site. The site is being marketed now for a residential led mixed use scheme comprising private housing, affordable housing, some replacement commercial / business space and active ground floors on key frontages consistent with the ‘district town centre’ designation of the site. The site is suitable for comprehensive and transformational development resulting in a significant upgrade to local amenity and public realm. Ealing Council is seeking a Development Partner to deliver a regeneration scheme at the Green Southall site. The site is located within the development area known as ‘SOU8’ in the Ealing Development sites DPD (see procurement documents). The site includes a core area (edged in red) and ‘optional land’ (edged in red and hatched). In respect of the optional land the Council has not yet taken a decision on disposal / acquisition but these sites may be included if the scheme design merits it and a clear case for redevelopment is made. The site is being marketed now for a residential led mixed use scheme comprising private housing, affordable housing, some replacement commercial / business space and active ground floors on key frontages consistent with the ‘district town centre’ designation of the site. The site is suitable for comprehensive and transformational development resulting in a significant upgrade to local amenity and public realm. The Council's key objectives of this project are as follows: — Mixed use town centre development consistent with town centre designation of sustainable, inclusive design, — Significant upgrade in quality of place and public realm — a transformational ‘place making’ approach, — Continued provision of up to 90-100 car parking spaces to be operated by the Council for public use, — Minimum 35 % affordable housing with option for Broadway Living to purchase, — New walking and cycling routes and additional vehicular permeability, — Provision of circa 50m2 new community space with option for Council to retain ownership, — A land receipt for the Council, which shall fully fund the site acquisition cost (the Minimum Premium) and where any other development surplus arises may be in the form of a capital receipt or long term ‘ground rent’. The Development Partner is required to secure full planning permission and all other statutory consents, funding and securing all necessary site assembly, meeting the Council's affordable housing objectives, creating a successful vibrant and attractive mixed-use community and delivery of a commercially viable scheme, and engage with the Council and other relevant stakeholders throughout the development process. The Council is seeking bids on the basis of a long leasehold (250 years) interest. The Development Partner will be required to enter into a legally binding Development Agreement. The Council is seeking financial offers for the land. The land payment offered will need to fund all of the development costs (including land and property to be acquired) and the Council will also have to demonstrate ‘best consideration’ in the terms agreed. The financial bid will have to meet the Council's requirements in terms of replacement car parking (90 spaces), affordable housing (35 %) and community and amenity provision. The Council will use this competitive process to select a preferred Development Partner who is able to offer both the quality of scheme and the best consideration in terms of the land payment being offered. The preferred partner will also demonstrate that it is capable of working alongside the Council to complete the purchase of key private parcels of land and to secure the long term operation and management of the estate to be developed.