Urban development construction work

Description

Peabody Trust (‘Peabody’) is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London (‘Site’). The Site has the potential to deliver 11 500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: — providing or securing investment, — providing strategic advice in relation to the overarching business plan, the masterplan and physical infrastructure, — place-making and design services, — development delivery, project management, construction management and procurement services, — stakeholder engagement and consultation services, — advice in relation to the long-term management of the Site, and — advice on the marketing and disposal of development parcels. The opportunity may also involve managing developed assets held by the JV partnership and/or by Peabody to generate income streams. The appointed partner will enter into a joint venture agreement with 2 distinct phases: in Phase 1 Peabody and the partner will work together to refine, develop and finalise strategies for business plans, masterplanning, delivery programme and phasing, infrastructure delivery, financing and supply-chain appointment; in Phase 2 Peabody and the partner will deliver the regeneration programme and management of the assets in accordance with the strategies agreed in Phase 1.