Project Information
Project name: SLOUGH LABV
Project description:

Development of a number of key sites in Slough by the local asset-backed vehicle (LABV), a form of joint venture in which the council and the private partner will each invest in and hold a 50% interest in the delivery vehicle.

The first phase of development includes a 4,480 sq m new build library and community facility (‘The Curve’). Other community developments will include a new build Castleview secondary school and a new build leisure centre with ice rink. 

The first tranche of residential developments will provide 525 new homes, ranging from two to four bedrooms, across five sites.

Related headlines:
20/09/012 - Winner chosen for Slough LABV

Type: PPP
Sector: Housing & regeneration
Region: UK - - South East
Current status: Preferred Bidder - 20/09/2012
Contract Terms
Duration: 15 years
Capital value: £1000.00m
Public Sector Procuror Details
Authority/Commssioning body: Slough Council
Public sector contact: John Rice
Telephone: +44 1753 875 239
E-mail: slough.labv@slough.gov.uk
Public sector advisors: Bevan Brittan - Legal Advisors
Private Sector Details
Consortium name: Morgan Sindall Group
Private sector shareholders: Morgan Sindall Investments - Shareholders
Private sector sub-contractors: Morgan Sindall - Subcontractor - Construction
Lovell Partnerships - Subcontractor - Construction
Private sector advisors: Pinsent Masons - Legal Advisors
Drivers Jonas - Technical Advisors

This page was last updated on:
26 September 2012.

thumb

What’s all the Hub-bub?

The Global Infrastructure Hub has been quick to establish its initial offering to the market, but there is much still to do

thumb

"The key is collaboration"

Jason Zhengrong Lu is acting head & lead infrastructure finance specialist at the World Bank’s Global Infrastructure Facility (GIF). He tells Paul Jarvis of the organisation’s progress and plans for the future

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...