Haringey Development Vehicle
Mayor and Burgesses of the London Borough of Haringey · United Kingdom
Key facts
- Estimated value
- £2,000,000,000
- Closing date
- 22 Feb 2016
- Contract starts
- 01 Jan 2017
- Contract ends
- 01 Jan 2047
- Buyer type
- Local government
Description
The Mayor and Burgesses of the London Borough of Haringey (the "Contracting Authority") are seeking to procure a strategic investment and development partner to establish the Haringey Development Vehicle (the âHDVâ) which is anticipated to be a joint venture vehicle partnership between the Contracting Authority and a private sector partner or consortium. The London Borough of Haringey (the âBoroughâ) has huge potential for growth and is today seen as Londonâs next big growth opportunity. The Contracting Authority, in establishing the HDV, intends to facilitate estate renewal and brownfield regeneration to promote growth in jobs and housing on its land and to improve wider social and economic outcomes in the Borough. The Contracting Authorityâs aim is that the HDV will drive development and deliver its goals â through innovative and financially sustainable development schemes. Overall, the HDV is intended to drive forward plans for at least 5,000 new homes and thousands of jobs on land owned by the Authority, creating more than £2 billion of development value. The Contracting Authority will commit assets and development sites to the HDV. The use of private sector funding and expertise will act as a catalyst in regenerating key areas in the Borough.
Categories (CPV)
- 70332200 Commercial property management services
- 70000000 Real estate services
- 70331000 Residential property services
- 70112000 Development of non-residential real estate
- 45000000 Construction work
- 70111000 Development of residential real estate
- 70110000 Development services of real estate
- 66000000 Financial and insurance services
- 70332000 Non-residential property services
- 66100000 Banking and investment services
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