Project Information
Project name: UK: Northallerton regeneration PPP
Project description:

Property developer Wykeland Properties has been chosen by the authority to deliver the £15m scheme, which will see the two parties enter into a joint venture agreement to redevelop the site in the heart of Northallerton.

Hambleton's investment in the joint venture will be primarily by way of committing assets and it is expected that the private partner will invest through cash, assets, works and services. 

The council's plans for the 3.4 acre site includes a mixed provision of retail, leisure, housing and community use premises.    

The five-year contract valued at £15m is expected to commence 2 January 2017.    

Related headlines:

9 March 2017 - Hambleton chooses regen winner 

27 April 2016 - EoIs sought for Northallerton regeneration PPP 

Type: PPP
Sector: Housing & regeneration
Region: UK
Current status: Preferred Bidder - 09/03/2017
Contract Terms
Duration: 5 years
Capital value: £15.00m
Public Sector Procuror Details
Authority/Commssioning body: Hambleton District Council
Public sector contact: Hambleton District Council
Tel: +44 1609767024
Private Sector Details
Consortium name: Wykeland Properties
Private sector shareholders: Wykeland - Shareholders

This page was last updated on:
9 March 2017.


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