Awarded Contractocds-h6vhtk-028a8f

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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Contains public sector information licensed under the Open Government Licence v3.0.