Closed tender

Land at Maygood Street N1

Details

Value
£60,000,000
Topic
Construction work
Published
29 September 2025
Submission
19 October 2025

Tender description

Site Land at Maygood Street is council owned and, subject to consent from the Secretary of State for change of use from education, has potential for the development of new homes. The site is located on Maygood Street in the Barnsbury Ward. It is situated in a predominantly residential area next to the Old and New Barnsbury Estates and the Half Moon Crescent Estate. It has excellent transport links and access to local amenities which make is suitable for residential development. Scope The council is seeking a delivery partner to develop a planning compliant 100% housing scheme (50% affordable, 50% market) on the Maygood Street site. The council’s risk will be limited to the value of the land. The council seeks to ascertain if this opportunity is of interest to the market. Type of agreement The agreement will either be a Development Agreement or land transaction (Agreement to Lease Length of lease Length of lease will be 250 years. Estimated value Seeking to maximise a capital receipt for the land. The total scheme costs are estimated to be in the region of £60m. Procurement route Via open tender (Competitive Flexible Procedure) Site visits No site visits offered. Keywords: building works, Construction

Timeline

  1. Completed: Tender published29 September 2025
    Current notice
  2. Completed: Submission date19 October 2025

About the buyer

London Borough of Islington is an inner London local authority with its own Strategic Procurement Team. A Progressive Procurement Strategy weighs social value at a minimum of 20% in every bid evaluation. The procurement team also runs workshops to help small and voluntary sector suppliers strengthen their bids.

Over the past 5 years, most of London Borough of Islington's contract awards have been in repair and maintenance, construction work and architectural and engineering services.

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Decision makers

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