The authority has issued a contract notice for a ‘development partner and joint venture asset management partner’ to deliver a £750m redevelopment in Wythenshawe in south Manchester.
A private partner will support the design, delivery and funding of at least 1,600 residential dwellings across Wythenshawe Civic as well as revitalising the civic shopping centre.
The council plans to enter into a joint venture with the preferred partner on the shopping centre, while simultaneously entering into a Development Partnership Umbrella Agreement (DPUA) for so-called “opportunity” areas that will surround the shopping centre. The authority has identified a series of potential sites, including the former Shell headquarters, former bus station and the Forum car park.
The contract is proposed to run for 15 years and is expected to commence in June next year.
Interested parties have until 8 November 2023 to respond to the tender, which can be found here.