The Forum, King's Quarter, Gloucester
The Council will enter into a development funding agreement (DFA) with RG17 Limited and Reef Estates Limited (which are connected organisations) for a mixed use, urban campus known as King’s Quarter. The Council and Reef Estates Limited both have land interests in the site. They will deliver retail, leisure and office space, dwellings and a hotel together with a multi-storey car park. On completion of the development Reef Estates Limited will transfer its land interest to the Council. The development will be undert...
Buyer
Gloucester City Council
Value
£94,000,000
Published
15 Jan 2021
Closes
15 Jan 2021
Procurement details
Source
Find a Tender
Region
Gloucestershire
Procurement method
Limited
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
70112000
Development of non-residential real estate
70111000
Development of residential real estate
70130000
Letting services of own property
70220000
Non-residential property renting or leasing services
70332000
Non-residential property services
Lots
Lot 1 The Forum, King's Quarter, Gloucester
£94,000,000
The Council, RG17 Limited and Reef Estates Limited consider their arrangement to be a joint endeavour to work together to revitalise an area of the City Centre. An element of the arrangements includes an obligation on RG17Limited / Reef Estates Limited to lease the proposed incubator office space for 5 years and further to provide a guarantee to the Council...
Delivery: Gloucestershire
Documents
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