Awarded Contractocds-h6vhtk-0295ca

The Forum, King's Quarter, Gloucester

The Council will enter into a development funding agreement (DFA) with R Blue Regen GL Limited and Reef Estates Limited (which are connected organisations) for a mixed use, urban campus known as King’s Quarter. The Council and a group company of Reef Estates Limited (R Blue Capital Ltd) 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 a group company of Reef Estates Limited will tra...

Buyer

Gloucester City Council

Value

£94,000,000

Published

24 Feb 2021

Closes

24 Feb 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, R Blue Regen GL 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 R Blue Regen GL Limited / Reef Estates Limited (and or a group company) to lease the proposed incubator office space for 5 years an...

Delivery: Gloucestershire

Documents

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