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Awarded contract

MMDC-PROC-0001 - Gresham Development Partner

Details

Buyer
Tees Valley Combined Authority
Supplier(s)
TARRAS PARK PROPERTIES LIMITED
Value
£1,999,002
Duration
10 years
Topic
Construction work
Published
15 October 2025
Source
uk:contracts_finder

Tender description

The Middlesbrough Development Corporation (MDC) is seeking an experienced developer who will work with us to provide a solution for the regeneration of the 2ha Gresham site in Middlesbrough. Located at a main entry point to the town from the A66, this provides a significant opportunity for a suitable and appropriately qualified developer to be part of the transformation of Middlesbrough. This competitive dialogue process will enable the MDC to develop through discussion, the various structures, and mechanisms which bidders feel would best suit its requirements and help to achieve its objectives. Structures which the MDC may consider include, but are not limited to, a straightforward development agreement, a master developer arrangement, a development framework, a joint venture between the MDC and the successful bidder and various structures for returns to both parties. The successful bidder will join us on this journey from the outset to develop and deliver our vision for Gresham. Additional information: The procurement opportunity was published on Contract's Finder, but it's unable to link the award notice to it.

Timeline

  1. Award date19 July 2024
  2. Award published15 October 2025
    Current notice
  3. Contract expiry date18 July 2034in 8 years

About the buyer

Tees Valley Combined Authority procures as a local authority body, buying on behalf of the wider TVCA Group. The Group also covers South Tees Development Corporation, Hartlepool Development Corporation, Middlesbrough Development Corporation and Teesside International Airport. Frameworks are the Group's preferred route to market, used ahead of running individual tenders. The Group also sets up its own frameworks for additional public bodies to use.

Over the past 5 years, most of the Tees Valley Combined Authority's contract awards have been in business services, architectural and engineering services and construction work.

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