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Homes England - Fazeley Street, Warwick Bar, Digbeth, Birmingham - Development Partner

Awarded
DN789994International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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Homes England has awarded a contract to Digbeth Loc Studios Limited for the management and development of the Fazeley Street site in the Digbeth area of Central Birmingham. The project, valued at 35,000,000 pounds, involves the disposal of a 250 year headlease for a 1.4 hectare site currently occupied by tenants in the media, charitable, and creative sectors. The selected development partner is tasked with actively managing the site to support existing tenants and expanding the importance of the local media cluster, with opportunities for limited infill development that remains sympathetic to the historic environment and current operations. The contract term is scheduled to run from January 29, 2027, to January 28, 2037, with a potential extension available until 2042. This initiative is supported by Birmingham City Council and the West Midlands Combined Authority as part of a broader regeneration effort for Digbeth. Homes England has indicated that no further financial support will be provided to the purchaser, and the award remains subject to final conditions and contract.

General Info

Digbeth Loc Studios will manage Fazeley Street site for 35 million pounds until 2037.

Agency

Homes England

Contract Value

$0

NAICS

531312 - Nonresidential Property Managers

Place of Performance

GBR

Set-Aside

NONE

Awardee

Digbeth LOC Studios

Award Issued Date

Documents

1

Homes England - Fazelley Street Development Partner Award

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Organization & Contact Information

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AgencyHomes England
Contacts1 person available
OfficeN/A
Organization / AgencyHomes England
Office AddressN/A
Contacts
contact@example.gov

Full Description

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Fazeley Street is a 1.4ha (3.46 acre) site in the Digbeth area of Central Birmingham. Homes England holds a 250 year headlease for the site. It is currently occupied by a series of tenants on sub-leases, who primarily operate in the media, charitable and creative sectors. The site has a range of historic (some locally listed) and new buildings. There is some limited opportunity for infill development to enhance the use and cohesion of the site. Homes England is looking to dispose of its leasehold interests to a development partner who will actively manage the site to support its current tenants and seek to enhance the size and importance of this media cluster. Purchasers may also consider the opportunities for limited development sympathetic to the current tenants operations, the historic environment and subject to planning. Fazeley Street represents a unique opportunity to support the emerging media cluster in Digbeth. Homes England and its public sector partners (Birmingham City Council & the West Midlands Combined Authority) are keen to see this site play an important part in the growth of the media cluster and the wider regeneration of Digbeth. Homes England does not envisage providing any further financial support for the site or its purchaser. The value of the opportunity is the envisaged gross development value of the project. No differential between the inclusive of VAT and exclusive of VAT values are noted as the VAT treatment has not been determined. This award is subject to conditions and contract.

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