Perceval House Development - 1206
London Borough of Ealing · London
Key facts
- Estimated value
- £120,000,000
- Closing date
- 13 Sep 2016
- Contract starts
- 02 Jul 2017
- Contract ends
- 30 Jun 2021
- Buyer type
- Local government
Description
Perceval House and Car Park are located in the centre of the London Borough of Ealing (W5 2HL) and have a combined site area of 1.29ha or 3.18 acres. The site is owned freehold by Ealing Council and the vast majority of the site is occupied by council uses.
The Council wishes to enter into a joint venture agreement to redevelop Perceval House from its current use as the main Council offices into a mixed use development.
The Council has six strategic objectives driving this project.
1. The Council is seeking new office accommodation which will be its main base for delivery of its functions and those of partner organisations. This will comprise 9,300 sq m (100,000 sq ft) net internal area (NIA) of new offices in Phase1 and a Customer Service Centre/Library of 2,800 sq m NIA at another point during the project. The Council also requires an option to purchase a further 1,500 sq m to be delivered at another point in the project (the Option Space). The office accommodation may be provided on the site or in the wider Ealing Broadway area/Ealing Office corridor providing it is developed in accordance with the Employers Requirements. 2. To develop a mixed use scheme with 50% of the housing being affordable 3. To share in the development risks and to share in the rewards of a successful development in order to increase the return to the Council 4. A profitable scheme which will not require the Council to make additional funding available for the cost of its accommodation requirements and generate a surplus beyond this. 5. The Council to have an option to purchase the affordable homes (most likely via Broadway Living) at an agreed price as set out in the Employerâs Requirements and the bidders development assumptions. 6. A high quality scheme that enhances the town centre.
Categories (CPV)
- 45211350 Multi-functional buildings construction work
- 45211360 Urban development construction work
- 45215222 Civic centre construction work
- 45211340 Multi-dwelling buildings construction work
- 45213100 Construction work for commercial buildings
- 45211100 Construction work for houses
- 45211341 Flats construction work
- 45223310 Underground car park construction work
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