Tender issued for USD1.32 billion housing PPP project in UK
Transport for London (TfL) in the UK has launched a tender notice seeking 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 development will be implemented in three phases, which comprise 852 homes, approximately 21,000 square feet of mixed-use commercial space, and a high-quality public realm.
The procurement is launched for phases 1 & 2 with an option to participate in phase 3. Phase 1 & 2 of the project involves replacement of existing light industrial units by 25 story tower with 2,600sq m of commercial space and 133sq m of retail space on a 2.7ha site located along with Acton Town, South Acton, and Chiswick Park Stations.
The estimated investment value for the project is GBP1 billion (US$1.32 billion) with a concession period of 15 years. HOK has prepared development plans for the concession. The current engineering team consists of Mott MacDonald, JLL and landscape architect East.
The deadline to submit the bids is January 17, 2022. For more information about this tender, visit our business opportunities page here.
Country news
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November 12, 2021
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October 26, 2021
Contract awarded for Smart City PPP project in the UK
Sunderland City Council has awarded a strategic partnership to BAI Communications for the Smart City PPP project in the UK.
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