TfL 95052 Bollo Lane Opportunity

Tender description

In January 2022, Transport for London (TfL) commenced a procurement process to appoint a joint venture partner (JVP) to provide property development services for a multi-phased and mixed used development at the Bollo Lane site in Acton, West London. The opportunity consisted of the development of Phase 1 and Phase 2 of the Bollo Lane site. The opportunity also included options in relation to the development of Phase 3 of the Bollo Lane site, an additional site at Ealing Common Depot and additional sites from within TfL’s portfolio located in West London (Additional West London Site(s)). A Contract Award Notice (reference: 2023/S 000-012442) was published on 02 May 2023 confirming the decision to select BDW Trading Limited as the JVP. A further Contract Award Notice (reference: 2024/S 000-040240) was published on 13 December 2024 exercising the option for Additional West London Sites for a site at High Barnet Station Car Park and adjoining land on Barnet Hill, Barnet forming part of the property registered at the Land Registry with title number NGL72676 (High Barnet Site). The option for Additional West London Sites has now been exercised for a site at Cockfosters Station and adjoining land forming part of the property registered at the Land Registry with title number AGL255831 and AGL418276 (Cockfosters Site). Lot 1: Transport for London (TfL) undertook a competitive dialogue procurement process in 2022 to appoint a joint venture partner (JVP) to provide property development services for West London. The first site being Bollo Lane, Acton Town. The Contract Award Notice reference: 2023/S 000-012442. The opportunity included options in relation to the development of Additional West London Sites. The Additional West London Sites option has been exercised in accordance with the mechanisms foreseen in the original procurement documents for the development of the High Barnet Site and now the Cockfosters Site. A joint venture agreement was entered into by and between TTL Cockfosters Properties Limited, London Underground Limited, Places for London Limited, and BDW Trading Limited on 03 July 2025 to develop the Cockfosters Site (the Cockfosters Joint Venture). The total value of BDW's share of the Cockfosters Joint Venture is £80.71m.