Aberdeen City launches private sector housing project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Aberdeen City launches private sector housing project

Aberdeen City Council (UK) has launched a tender process to develop a mixed tenure housing project with private participation in the city.

The project will be developed in approximately 118.95 acres. Small landholdings within the regeneration areas of Tillydrone and Middlefield provide tertiary land opportunities with the remaining land opportunities being primary or secondary in nature on sites including the Former Bucksburn Farm and East Woodcroft.

The project involves the development of approximately 1,000 new affordable homes and also approximately 1,000 private development homes on land owned by the Council, with the potential for a further 1,000 homes being built on additional land. The housing will be a mix of homes for social rent, mid-market rent, low cost home ownership and shared equity and private housing for sale.

The preferred bidder will be expected to provide designs and will assist in the funding of the construction and provide development expertise and help to create a financial model for the delivery of the programme,.It will also retain ownership of the affordable homes for rent and will be responsible for managing and maintaining these homes.

The total project investment is estimated between £175 and £300 million.

Interested parties must submit their requests to participate on or before 3 November 2014.

See contract notice:

http://ted.europa.eu/udl?uri=TED:NOTICE:322257-2014:TEXT:EN:HTML&src

List of country news

Country news

  • September 26, 2014

    3i Infrastructure sees fierce competition in deals

    According to 3i Infrastructure, prices for infrastructure assets, particularly in core infrastructure, continue to rise as recent competitive auction processes have evidenced.The firm said that on one hand this is positive for the valuation of the firm's existing European portfolio. On the other hand these highly competitive market conditions make it challenging for them to find new investment opportunities in core infrastructure consistent with its return target. Read more
  • September 26, 2014

    INPP expects to invest in Lincolnshire OFTO project

    International Public Partnerships Limited (INPP) said in a press release that Ofgem has published a notice under Section 8A of the Electricity Act 1989 relating to the Lincolnshire offshore transmission (OFTO) project in the UK.  Read more
  • September 29, 2014

    Macquarie and Ferrovial to acquire three UK airports

    Ferrovial and Macquarie are set to seize control of Glasgow, Aberdeen and Southampton airports in a deal worth about £1 billion. Read more
  • September 30, 2014

    Allerton Park incinerator PFI plan approved by council

    The North Yorkshire County Council (UK) has approved plans for the Allerton Park incinerator private finance initiative (PFI) project. Read more
  • October 01, 2014

    Balfour Beatty announces new profit shortfall

    Balfour Beatty, the international infrastructure group, has announced a further profit shortfall of approximately £75 million (US$121.7 million) in Construction Services UK. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.