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Tenfell
Awarded contract
Published 23 Nov 2020

14 127 The Provision of a Cinema-anchored, Leisure-led, Mixed Use Development - Royal Arcade, Crewe Town Centre

Cheshire East Borough Council · United Kingdom

Key facts

Contract value
£20,000,000
Awarded
20 Oct 2020
Contract starts
21 Oct 2020
Contract ends
24 Feb 2025
Procedure
Competitive dialog
Buyer type
Local government

Awarded to

SupplierValue
Peveril securities Ltd£20,000,000

Description

Cheshire East Council sought to procure a development partner to plan and deliver a comprehensive leisure-led, mixed-use scheme on the 1.85ha (4.57 acre) Royal Arcade site in Crewe town centre, which comprised 26 retail units and the town's current bus station. This comprehensive high quality development will be anchored by a new cinema, include a new bus interchange and will combine new development on the whole or a substantial part of the site with enhancements to any retained elements, improved public realm and linkages with the remainder of the town centre. The anticipated duration of the contract will be for a period of 5 years and the value attributed to it will be in the range of between GBP 18 million - GBP 20 million. The timescales and values given in this notice are estimations only and the Council gives no guarantee or warranty or makes any representation as to the accuracy of any indicative volumes.

Categories (CPV)

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