GBC - Procurement of a Development Partner for Guildford Borough Council, Guildford Park Road Redevelopment

Tender description

The Council intends to appoint a development partner to deliver a residential led development. Circa 69 affordable rented homes and circa 30 intermediate tenure homes (subject to compliance with relevant planning requirements) will be delivered alongside open market homes. The works are anticipated to commence in 2024.This is a unique opportunity to be a part of a significant redevelopment scheme, presenting both development and investment potential. The Council are actively seeking a development partner to assist with planning, design and funding, with the ambition to deliver a sustainable and truly mixed tenure scheme at the Guildford Park Road site. The site is owned by the Guildford Borough Council in its entirety. It extends to circa 2.12 hectares and is broadly rectangular in shape. The University of Surrey (campus is located north of the site) benefits from a right of access across the site and there is currently a tarmac unadopted road. Lot 1: The Council intends to appoint a development partner to deliver a residential led development. Circa 69 affordable rented homes and circa 30 intermediate tenure homes (subject to compliance with relevant planning requirements) will be delivered alongside open market homes. The works are anticipated to commence in 2024.This is a unique opportunity to be a part of a significant redevelopment scheme, presenting both development and investment potential. The Council are actively seeking a development partner to assist with planning, design and funding, with the ambition to deliver a sustainable and truly mixed tenure scheme at the Guildford Park Road site. The site is owned by the Guildford Borough Council in its entirety. It extends to circa 2.12 hectares and is broadly rectangular in shape. The University of Surrey (campus is located north of the site) benefits from a right of access across the site and there is currently a tarmac unadopted road in situ providing passage across the site. The site is bordered by the mainline railway to the east and low-rise residential properties to the south and west. The topography rises gradually towards the north