Old Oak Private Sector Partner Procurement

Location

London:

Description

This notice is to inform the market of an upcoming procurement event for a Private Sector Partner ("PSP") to support Old Oak and Park Royal Development Corporation ("OPDC") to deliver the comprehensive regeneration at Old Oak. OPDC proposes to work with the PSP through a long-term Joint Venture ("JV") which will oversee and manage the delivery of the mixed-use development throughout its lifecycle in accordance with the vision and strategic objectives for Old Oak. Old Oak comprises around 31 hectares of brownfield land. The regeneration of Old Oak is expected to deliver approximately 8,000 homes, including affordable housing, alongside up to 200,000 sq m of commercial and community space, the creation of a new canal-side neighbourhood and a major town centre, and new community facilities, parks, and open spaces.

Renewal Options

The initial term of the PSP contract is 20 years from contract commencement, with an option for OPDC (at its discretion) to extend (in one or more periods) for an additional 10 years. The contract terms will govern any obligations that continue beyond contract expiry, including completion of ongoing delivery activities.

CPV Codes

• 45000000 - Construction work
• 70000000 - Real estate services

Indicators

• Renewals are available.

Other Information

Anchored by the new Old Oak Common station where High Speed 2, the Elizabeth line, the Great Western Mainline and Heathrow Express all intersect, Old Oak will become a major new gateway between London and the rest of the country, presenting a unique opportunity to deliver a new urban district in West London. More information about the opportunity will be available in the Memorandum of Information and procurement documentation which will be available with the publication of the Tender Notice. Engagement: OPDC is holding a launch event on the 27 May 2026 at a central London venue. Potential tenderers should register their interest in attending using this link: https://www.eventbrite.co.uk/e/old-oak-delivery-partner-procurement-launch-event.... For queries please contact us on: oldoakdelivery@opdc.london.gov.uk ** PREVIEW NOTICE, please check Find a Tender for full details. **