Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner
London Legacy Development Corporation
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Key details
Procurement
- 45211360 Urban development construction work
- 70000000 Real estate services
- 70110000 Development services of real estate
- 70123100 Sale of residential real estate
- 70331000 Residential property services
- 73220000 Development consultancy services
- 45210000 Building construction work
- 45211340 Multi-dwelling buildings construction work
- 45211300 Houses construction work
- 45211341 Flats construction work
- 45212000 Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
- 45213110 Shop buildings construction work
- 45112700 Landscaping work
- 45233100 Construction work for highways, roads
- 45221000 Construction work for bridges and tunnels, shafts and subways
- 45233260 Pedestrian ways construction work
- 45231000 Construction work for pipelines, communication and power lines
- 45231221 Gas supply mains construction work
- 45231223 Gas distribution ancillary work
- 45231300 Construction work for water and sewage pipelines
- 45232450 Drainage construction works
- 45231400 Construction work for electricity power lines
- 45232140 District-heating mains construction work
- 45247100 Construction work for waterways
- 45200000 Works for complete or part construction and civil engineering work
- 71000000 Architectural, construction, engineering and inspection services
- 71220000 Architectural design services
- 71240000 Architectural, engineering and planning services
- 71251000 Architectural and building-surveying services
- 71400000 Urban planning and landscape architectural services
- 71530000 Construction consultancy services
- 71311000 Civil engineering consultancy services
- 71315200 Building consultancy services
- 79418000 Procurement consultancy services
- 79993000 Building and facilities management services
- 50700000 Repair and maintenance services of building installations
- 50710000 Repair and maintenance services of electrical and mechanical building installations
- 45259300 Heating-plant repair and maintenance work
- 45330000 Plumbing and sanitary works
- 79992000 Reception services
- 90911200 Building-cleaning services
- 79710000 Security services
- 79412000 Financial management consultancy services
- 45111000 Demolition, site preparation and clearance work
What happened
London Legacy Development Corporation awarded this contract to Ballymore Limited worth £600,000,000 on 26 Jul 2022.
Description
London Legacy Development Corporation (‘LLDC’) has appointed a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Stratford Waterfront and Bridgewater residential developments (‘the Sites’) pursuant to a development agreement with LLDC (“DA”). The opportunity was advertised in the OJEU (2020/S 199-483916) and procured under the Concession Contracts Regulations 2016.
Full description
See II.1.4 above and note the following:
1) LLDC has appointed a developer partner to jointly deliver the development of the Sites through a 50%/50% incorporated vehicle (the “JV”) which shall be governed by a joint venture agreement.
2) the DA shall provide ultimately for a 250 year leasehold interest of the Sites to be granted to the JV.
3) this opportunity may also include the balance of PDZ 8, the Pudding Mill Lane site and PDZ 12, the Rick Roberts Way site both identified in the Legacy Communities Scheme and under the control of LLDC, the total estimated development value for the additional site is £750m. Any such development of these future sites will be in material conformity with the same terms agreed for the Sites. Future sites are not guaranteed.
For further information please visit: https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register and https://buildthelegacy.co.uk/
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External ID: fts-ocds-h6vhtk-035b2c • Added 20 August 2026