Mayfield Partnership Ltd
Key facts
- Contract value
- £750,000,000
- Awarded
- 19 Dec 2016
- Contract starts
- 20 Dec 2016
- Contract ends
- 18 Dec 2031
- Procedure
- Competitive dialog
- Buyer type
- Other public body
Awarded to
| Supplier | Value |
|---|---|
| U and I Group Plc | £750,000,000 |
Description
The development of the Mayfield Site (a 24 acre site on the edge of Manchester city centre â details of which can be found at http://mayfieldmanchester.live.jll.com/) is a major mixed use urban regeneration project. Mayfield Partnership Ltd seeks a Private Sector Developer Partner (PSDP) to join a Joint Venture Vehicle (JVV)to redevelop the site.
The successful PSDP will be required to bring to the JVV imagination, flair and commercial acumen to ensure the delivery of a high quality, mixed use scheme. The PSDP will be responsible for the delivery of a wide range of development activity including masterplanning, site assembly, development in accordance with relevant SRF,planning applications, enabling infrastructure provision, procurement of construction contractors for the re-development, securing capital/funding and delivery of asset management/disposal which may involve marketing and positioning. Further details are provided in the procurement documentation.
Applicants should note the possibility that further elements may ultimately form part of this contract opportunity.Whilst it is not anticipated that the full range of options will be identified during the procurement process Mayfield Partnership Ltd recognises that: â Network Rail owns (or will own by virtue of delivering the Northern Hub) a number of railway arches and small freehold sites either within or proximate to the Site's existing red line boundary. Whilst they are not part of the Site, some or all of these interests may, at some point in the future, be introduced into Mayfield Partnership Ltd's land holding and could involve Network Rail joining Mayfield Partnership Ltd; â it is possible that other development opportunity sites may be added to the Site and/or delivered by the JVV or the successful joint venture partner during the life of the JVV, but it is not anticipated that these sites will be identified during the procurement process; â it is also possible that the members of Mayfield Partnership Ltd might wish to develop and/or fund office elements of the project separately from the JVV, eg to meet the requirements of an anchor tenant(s). In this scenario, the intention is that the PSDP should act in a Development Manager role (in relation to these elements) for an agreed fee. For the avoidance of doubt these âoptionsâ may not become part of the contract opportunity either during the procurement process or the resultant contract term.
Additional information: Please find details on how to find and respond to the Contract Opportunity under the Procurement Tab on the Mayfield Manchester website.
The start date for this contract was 19 December 2016, which is the same date as the date the contract was awarded. This note is to clarify that the date specified above in this notice, which indicates that the contract started on 20 December 2016, was entered in order to complete the relevant fields in this notice which do not permit the same contract start and award dates to be entered. Please see the OJEU Contract Award Notice for further details about this contract award.
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