Home / Announcements / Places for London launches tender for development partner in east London

Places for London launches tender for development partner in east London

Transport for London’s (TfL) wholly owned commercial property company, Places for London, is searching for a new joint venture development partner to work with on redeveloping the Limmo Peninsula in Newham, east London.

Sitting within the Royal Docks and Beckton Riverside Opportunity Area, the site which covers around five hectares of land, with 60om of river frontage, was previously used as a work site for the Elizabeth line. The area now has the potential to deliver up to 1,500 new homes, including affordable housing, alongside a range of improvements for the local community as well as new residents.

The site, says Places for London, could potentially include commercial space which would support the local economy, large areas of publicly accessible open space, and enhancements to the connectivity of the area, such as a new cycle and pedestrian bridge and a new river walkway.

Sustainability will also feature at the heart of any future designs, with the scheme looking to be effectively car-free, but with some blue badge parking spaces.

In addition to the site at Limmo Peninsula, the joint venture partnership will also have the opportunity to potentially develop other sites across east London, helping to deliver thousands of new and much needed homes with close access to public transport.

The launch of this tender forms part of Places for London’s wider plans to help solve some of the capital’s biggest challenges and meet its wider needs, including building new affordable housing, delivering new workspaces, and becoming more sustainable.

Ben Tate, Head of Property Development at Places for London, said: “We are excited to be searching for a joint venture partner to help us deliver a residential-led scheme at Limmo Peninsula in the heart of east London. With the ability to build up to 1,500 new homes, including affordable housing, alongside a range of other improvements, this is a unique opportunity for a partner to help us transform this site into a sustainable development that will benefit the local community.

“This partnership will form part of our wider programme, which seeks to build the homes and commercial spaces the city needs, while also generating vital revenue that can then be reinvested into the transport network.”

Organisations interested in the opportunity are directed to the Contract Notice: https://www.find-tender.service.gov.uk/Notice/003170-2024 and advised to register as a supplier on TfL’s e-tendering Portal https://service.ariba.com/Supplier.aw.

Facilities Management Journal Survey 2024

At Facilities Management Journal, our commitment is to deliver content that meets the needs and interests of our readers. To ensure we continue to provide valuable insights and engaging articles, we invite you to participate in our Reader Survey.

Your opinion is invaluable in shaping the future direction of our magazine. By sharing your thoughts, preferences, and suggestions, you play a crucial role in enhancing the content and overall experience for our readership.

To access the survey, please click on the following link: https://www.surveymonkey.com/r/9XVVXYP.

About Sarah OBeirne

Leave a Reply

Your email address will not be published. Required fields are marked *