News / Aberdeen City launches private sector housing project

Aberdeen City launches private sector housing project

🕔 September 26, 2014
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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



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