Contractors Sought for Leisure Development

London Borough of Newham wishes to appoint a suitably experienced economic entity to deliver a new or refurbished public leisure facility, housing and potentially other uses incorporated on the site of the Atherton Leisure Centre, London.

The successful economic entity will be responsible for the design, planning, construction of the entire development and long tern management or disposal of non-leisure elements that will be constructed through appropriate land agreement of part or all of the contracting authority's land interests.

The contracting authority has freehold over the entire site and is willing to consider granting the successful economic entity a leasehold interest as part of the contract for such period as is commensurate with whatever is constructed on the site.

The contracting authority will contribute financially to the cost of the leisure centre but the successful economic entity will be expected to provide a solution that achieves best consideration for the contracting authority's land, including the potential for the contracting authority to receive an initial capital payment and/or share in the value generated by the non-leisure uses.

Project ID: 12012048