| Project Information | |
| Project name: | GATESHEAD LABV |
| Project description: | Regenerate an area of Gateshead through a local asset-backed vehicle (LABV). The scheme, to be delivered on 19 sites across the authority, involves the building of 2,400 houses for both private sale (1,800 units) and affordable housing (600 units); and new community facilities. The first package of three sites seeing the development of 318 homes, 55 of which will be for affordable tenures. Related headlines: |
| Type: | PPP |
| Sector: | Housing & regeneration |
| Region: | UK - - North East |
| Current status: | Project Signed - 02/04/2012 |
| Contract Terms | |
| Duration: | 15 years |
| Capital value: | £347.00m |
| Public Sector Procuror Details | |
| Authority/Commssioning body: | Gateshead Council |
| Public sector contact: | Iain Lynn Communications Officer Tel: +44 (0)191 433 2072 Email: iainlynn@gateshead.gov.uk |
| Public sector advisors: | Grant Thornton - Financial Advisors Pinsent Masons - Legal Advisors GVA - Technical Advisors |
| Private Sector Details | |
| Consortium name: | Evolution consortium |
| Private sector shareholders: | Galliford Try - Shareholders Home Housing Association - Shareholders |
| Private sector sub-contractors: | Studio Egret West (SEW) - Architects Alison Brooks Architects - Architects Studio 333 - Architects RedBox Design Group - Architects |
| Private sector advisors: | Navigant Consulting (Augmentis) - Financial Advisors Eversheds - Legal Advisors Billinghurst George & Partners (BGP) - Technical Advisors Rob Vint Engineering - Technical Advisors |
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| 1 | DLA Piper | 7335 mill |
| 2 | Freshfields Bruckhaus Deringer | 4500 mill |
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