York Central Development

Description

Award notification for York Central Development. This was awarded by Homes England and Network Rail (the relevant landowning Network Rail entity being Network Rail Infrastructure Limited) (the Landowners). This development will deliver a transformational new vibrant mixed-use quarter of York City Centre, incorporating high quality public realm. The total value of the procurement at II.1.7 and V.2.4 is the envisaged Gross Development Value (GDV) of the proposed development and not the land receipt. Details provided at V.2.2 are in relation to the initial submission of Selection Questionnaire responses. Number of bids received at draft outline solutions stage was three. Two bids were received at the final stage. Lot 1: Located directly behind York Railway Station, the York Central Site extends to 45 hectares (111 acres) and is majority owned by Network Rail and Homes England whilst also incorporating other land in third party ownership that falls within the boundary of the outline planning permission. The land potentially falling within the property to be made available for drawdown by the Development Partner (the Development Site) is primarily owned by the Landowners but also includes land owned by third parties. An outline planning permission for the mixed-use development was granted in 2019 and subsequently a reserved matters application was approved in 2020 for a significant first phase of infrastructure being delivered by the Landowners. The Landowners have the following objectives: - Secure a long-term Development Partner (singular or consortium) with knowledge, expertise and track record to deliver and improve upon the illustrative masterplan envisaged within the overarching vision. - Consider the potential for delivery of the Project through different structures, such as contractual/corporate joint ventures, in dialogue with developers and wider government. - Procure a Development Partner that can demonstrate and evidence a credible funding plan. - Secure pre-lets & occupiers for the Development Site and deliver the scheme within the required timescales. - Create a new vibrant mixed-use quarter of the City Centre for the benefit of all, incorporating the high-quality public realm. - Provide a mixed-use development which responds to the existing outline planning permission. - Secure a development proposal that achieves high quality of the design envisaged by the approved Design Code and is compliant with the Building for Healthy Life criteria. - Secure a Development Partner which looks to deliver high quality public realm early in the development process and ensures long term stewardship in perpetuity. - Deliver Western Station Entrance early on in the development to provide a high-quality gateway to the development. - Deliver a low carbon sustainable development which increases social value by improving equality and wellbeing. - Work in collaboration with stakeholders to achieve comprehensive timely delivery. The Development Partner will undertake a wide range of activities to meet the Landowner’s objectives, including but not limited to, creating Development Site proposals, undertaking design, securing consents including reserved matters planning consents, funding and/or raising of development finance, procuring third-party contractors, managing the supply chain, delivering the development, marketing and attracting occupiers/residents.