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.

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