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Tenfell
Closed tender
Published 24 Jun 2024

Development Partner at Duxford AvTech on behalf of Imperial War Museum and Gonville & Caius

Imperial War Museum · London

Key facts

Estimated value
£1
Closing date
02 Aug 2024
Procedure
Competitive dialogue
Buyer type
Central government

Description

Imperial War Museum (IWM) and Gonville & Caius (G&C) (the “Landowners”) have entered into a landowner’s agreement to seek a development partner to commercially develop land that is jointly owned at IWM Duxford – referred to as “Duxford AvTech', to secure planning permission and deliver an advanced aviation technology campus. The Landowners are seeking a development partner to commercially develop their land at Duxford to provide circa 45,000 sqm (GEA) of employment space use classes E(g), B2, and B8. This is a property development and investment opportunity with an unknown contract value. The Landowners wish to appoint and contract an experienced developer to obtain planning permission for Duxford AvTech in line with the Landowners’ strategic objectives, obtain funding, draw-down land for development under a long lease, build the consented scheme, secure tenants, share rental income with the landowners, and manage the estate creating a successful long-term investment.

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