II.1)
Scope of the procurement
3-7 Corporation Street Rotherham, Development Delivery Partner
Reference number:
22-067
45210000
-
Building construction work
Works
II.1.4)
Short description
1Rotherham Metropolitan Borough Council is seeking to appoint a developer to deliver, manage and own a residential led mixed-use development on 3-7 Corporation Street, Rotherham. This site can make a significant contribution towards the delivery of a revitalised Town Centre. The disposal of the site will be in accordance with RMBC’s corporate and policy objectives and be subject to developer and funding agreements.
It is anticipated that the contract will commence on 01/03/2024 and will run for an estimated period of 20 months making the expiry date 31/10/2025.
The total anticipated contract value is £4.2million This estimate is based on Council contribution plus anticipated sales value of residential and commercial units outlined in the current scheme.
II.1.5)
Estimated total value
Value excluding VAT: 4200000.00
GBP
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
45211340
-
Multi-dwelling buildings construction work
45211350
-
Multi-functional buildings construction work
45212400
-
Accommodation and restaurant buildings
45213110
-
Shop buildings construction work
45215210
-
Construction work for subsidised residential accommodation
45215214
-
Residential homes construction work
70111000
-
Development of residential real estate
II.2.3)
Place of performance
NUTS code:
UKE31 -
Barnsley, Doncaster and Rotherham
Main site or place of performance:
S60 1NP
II.2.4)
Description of the procurement
Rotherham Metropolitan Borough Council is seeking to appoint a developer to deliver, manage and own a residential led mixed-use development on 3-7 Corporation Street, Rotherham. This site can make a significant contribution towards the delivery of a revitalised Town Centre. The disposal of the site will be in accordance with RMBC’s corporate and policy objectives and be subject to developer and funding agreements.
The Council is seeking to appoint a developer who will lead, finance, manage delivery, and retain ownership of the scheme. Other than securing and transferring the land to the developer and funding any viability gap that may exist on the development, the Council does not anticipate having any role in the development or the longer-term ownership and management of the site.
This project is key to the Town Centre Masterplan and also aligned with the Rotherham Housing Strategy which refers to the creation of a new urban community in the town centre as a key action, alongside its themes of:
• CREATING HOMES - providing new homes to meet Rotherham’s housing need.
• STRENGTHENING PLACES by investing in Rotherham’s existing housing and communities.
Rotherham Council Plan 2022/2025 prioritises the creation of ‘a vibrant town centre where people want to shop, work, and live’. Providing residential units at 3-7 Corporation Street and modern commercial space to the ground floor that could be used for shops, restaurants or cafes will contribute positively to these priorities and delivery of the town centre revitalisation. The town centre is also identified in the Rotherham Economic Growth Plan as a key priority for investment.
In terms of the Government’s ‘Levelling Up’ agenda, ‘left behind’ regions of the UK are a priority - Town Centres are seen as a crucial part of communities and local economies. In recognition of this, the Council has been awarded £31.6m from the Towns Fund programme and £12.6 million from the Future High Streets Fund towards the regeneration of the town centre. The acquisition and development of the derelict properties that make up 3-7 Corporation Street is an important component of this transformative programme.
Through the Town Investment Plan, a series of Town Centre projects are being developed to transform the town centre and its economy. The funding award includes an allocation to bring 3-7 Corporation Street into public ownership and demolish the current, derelict buildings, offering a cleared site for redevelopment. The council wishes to work with the private sector to secure the delivery of a new residential led mixed use development.
The redevelopment of the site will bring about a critical change of use, helping to repopulate the town centre and offering modern commercial space to take advantage of the significant leisure-focused investment at close by Forge Island.
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 4200000.00
GBP
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Start:
01/03/2024
/
End:
31/10/2025
This contract is subject to renewal:
no
II.2.10)
Information about variants
Variants will be accepted:
yes
II.2.11)
Information about options
Options:
no
II.2.13)
Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
no