Tender issued for USD1.32 billion housing PPP project in UK

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
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

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.