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In deliveryUnited KingdomServices£2,040,000,000

Limmo Opportunity

Published
Published 26 July 2023
Deadline
Closed 6 March 2024

Overview

In 2024, Places for London Limited (Places for London), a wholly owned subsidiary of Transport for London (TfL) commenced a procurement process to appoint a joint venture property development partner and development manager to deliver a residential led development at the Limmo Peninsula site in Canning Town, East London. The Limmo project provides an opportunity for an experienced property developer to partner in a joint venture with Places for London to deliver a sustainable, place-based design which will act as a catalyst for further regeneration of the local area. The Limmo site comprises 5 hectares of brownfield land located entirely in the London Borough of Newham (LBN) and is one of East London's largest remaining brownfield sites with over 600m of river frontage. With direct links to the Jubilee and DLR lines, it is less than 20 minutes from central London. The site has the potential to deliver circa 1,500 new homes, commercial spaces, open space and connectivity improvements for the wider area. It will be offered to the market on a long leasehold basis. The opportunity reserves the ability to include additional sites as part of a wider East London Partnership. Inclusion of any additional sites will be at Places for London's sole discretion.

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£2,040,000,000
Procedure
Selective
Published
26 July 2023
Deadline
Closed
Classification (CPV)
Development services of real estateDevelopment of residential real estate

Award outcome

Awarded value
£2,040,000,000
Award date
26 June 2025
Contract period
— → 13 March 2045
Winner
  • Ballymore Limited

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    16 July 2025

    View notice ↗
  2. Contract Notice

    31 January 2024

    View notice ↗
  3. Tender Update

    1 August 2023

    View notice ↗
  4. Prior Information Notice

    26 July 2023

    View notice ↗

Contracting authority

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Awarded: Limmo Opportunity — won by Ballymore Limited — Skim