Royal Albert Dock Master Development Partner

Concepts

• real estate
• royal albert dock master development partner
• development potential
• royal albert dock
• major mixed-use development
• an innovative master development partner
• a master development agreement
• royal
• albert
• developed

Location

North East England:

Description

This notice is to inform the market of an upcoming procurement of an innovative Master Development Partner ("MDP") to deliver a transformational and comprehensive major mixed-use development at Royal Albert Dock (the Site). Located in the London Borough of Newham, this 30-acre (12-hectare) site offers up to 400,000 sqm of development potential at the heart of the Royal Docks - the Mayor of London's largest regeneration project. GLA Land and Property Ltd.'s ("GLAP") ambition is to create a vibrant and sustainable new neighbourhood through a Master Development Agreement ("MDA") with an MDP who can shape and deliver a bold long-term and mixed-use vision. The MDP will be responsible for delivering a place-led masterplan, securing planning and funding, enabling infrastructure, and driving forward both direct and partner-led development, managing an end-to-end process. The MDA will be designed to support the realisation of the Project Vision, Strategic Objectives, and Minimum Requirements. The MDA will enable the MDP to drive major mixed-use development at pace, with a focus on placemaking, sustainability, and value creation through a comprehensive and phased delivery approach. It will be structured to support flexibility and agility, whilst also ensuring an appropriate level of financial return, control, and strategic influence for GLAP. More information about the opportunity is set out in the associated tender documents, including the Procurement Specific Instructions and Project Brief and associated documents which can be accessed via TfL's SAP Ariba procurement portal. GLAP undertook early market engagement, details of which were set out in the Prior Information Notice (PIN) published on 7 March 2024, notice identifier: 2024/S 000-007325. GLAP undertook further targeted preliminary market engagement ("PME") in April 2025 with a subset of respondents. The purpose of the PME was to update the market, seek feedback on the more developed commercial principles of the MDP structure, and test the revised principles. The documents issued to participants and a summary report setting out the outcomes of the engagement are available on the TfL's procurement portal.

Renewal Options

The initial term of the MDA contract is 20 years from contract commencement, with an option for GLAP to extend for additional 10 years in total. Completion of any delivery activities may continue to take place after the MDA contract has expired.

Award Criteria

CPV Codes

• 70000000 - Real estate services

Indicators

• Options are available.
• Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **