Development Partner for Central Winchester Regeneration.

Description

The transformation of the central Winchester regeneration (CWR) site is of key strategic importance to the Council. The vision for the area is for a mixed-use, pedestrian friendly quarter that reflects the distinctive character of Winchester City Centre, supports a vibrant retail and cultural / heritage offer which is set within an exceptional public realm and incorporates the imaginative re-use of existing buildings. This vision is set out within the Central Winchester Regeneration Supplementary Planning Document (SPD) 2018 and a Development Brief. The Council is seeking to procure a development partner to turn this vision into reality. It is critical that the development partner shares the passion for transformational development that is sensitive to the heritage of an ancient cathedral City and is prepared to commit for the long term. Commitment to sustainability and engagement across Winchester’s varied communities is also required. The site is located in the heart of the City and comprises circa 3.68 acres (1.49 ha) of land and consists of two separate boundaries. The indicative GIA mix of uses comprise: Circa 180,000 sq ft of residential of which a minimum of 40% is to be affordable; Circa 80,000 sq ft of mixed-use space; Circa 25,000 sq ft of retail and F&B space. The Council is seeking to procure a development partner to enter into a development agreement under the terms of which the development partner will undertake to deliver the overall development on a phased basis, and in accordance with the SPD and Development Brief. The development partner will be appointed to carry out design and planning, community engagement and consultation, and all other preparatory activities prior to the draw-down of each phase (by way of long lease). The scheme will require the delivery of all enabling infrastructure as well as exemplary public realm. The long-term stewardship, management, curation and activation of the completed scheme is equally essential.