Real estate services

Tender description

Harrow Council (the ‘Council’) is seeking to procure a private sector partner as its strategic development partner (the ‘Partner’) to develop three core sites in Harrow in connection with the Council's regeneration programme (the ‘Project’). The Council intends to undertake the project via a separate vehicle, the Harrow Strategic Development Partnership (the ‘HSDP’), which the Council and Partner will have an equal interest in. The HSDP will be required to deliver the core sites contributed to it for development and to provide construction works and services in relation to such sites. The Council also envisages the HSDP providing such services in relation to land that is currently or may subsequently become owned by the Council. This notice is not a call for competition. If you are likely to be interested in such an opportunity please inform the Council via www.londontenders.org Please see Sections II.2.4) and V.1.3) for additional information. The Council is seeking to procure a partner to develop 3 core sites in Harrow in connection with the Council's regeneration programme. The three core sites the Council intends to contribute to the HSDP for development are: Poets Corner, Peel Road and Phase 1 of Byron Quarter (the ‘Core Sites’). It is initially intended that the HSDP will focus on the development of the Core Sites. It is anticipated that this development shall include, but not be limited to, the re-provision of Harrow's Civic Centre (the new Harrow Civic Centre or ‘HNC’)), the development of mixed tenure housing and the development of commercial/community uses. The Council also requires the option to offer future sites that are currently or may subsequently become owned by the Council to the HSDP for development. The partner will therefore be delivering the Core Sites and providing construction works and services in respect of such sites through the HSDP. In addition, the Council requires the right to call-off construction works and/or services from the HSDP in relation to land that is currently or may subsequently become owned by the Council. For instance, the Council shall retain ownership of the land in relation to the HNC with the HSDP providing construction works and services to the Council in relation to its development. It is envisaged that the Council and Partner will have an equal equity interest in the HSDP and will manage the HSDP and its assets jointly. The Council intends to contribute land (such as the Core Sites) to the HSDP and anticipates that the Partner will contribute funding to match the value of the land contributed by the Council. The Council also anticipates the Partner providing a number of services and expertise to the HSDP including (amongst others) construction and development management services. This PIN is not a call for competition and is merely to identify parties which may be interested, or would like to be kept informed, in respect of such an opportunity. The Council and/or any of its advisers reserve the right to contact any interested parties who notifies the Council of its interest. The Council intends to hold a Developer Day in Harrow on Thursday 27.6.2019 where you can learn more about this fantastic opportunity. If you are likely to be interested in this opportunity or would like to attend our developer day, please inform the Council via the Council's e-tendering system: www.londontenders.org The Council and/or any of its advisers reserve the right to contact any interested party who notifies the Council of its interest.