Bid process for £65m Glasgow housing project launches
Companies are being invited by Glasgow City Council (GCC) to pitch for contracts worth in the region of £65 million as part of the major regeneration of Sighthill in Glasgow.
This round of procurement includes 650 new homes, 450 of which will be for private sale and up to 200 will be sold directly to a local housing association (LHA) for mid-market rent.
These are in addition to the 141 social houses which have already been built on the site for Glasgow Housing Association, bringing the total close to 800 new homes.
This phase is also features an area of the site which was originally assigned for 500 student dwellings but other options such as a hotel or leisure facilities may be considered or incorporated.
The third and final aspect of the project is for a small number of commercial or retail units, approximately six.
Patrick Flynn, head of housing policy and services at GCC, said: “The launch of this procurement process marks a significant stage in the extensive regeneration of Sighthill.
“This phase of the project will provide 650 fantastic new homes to the people in north Glasgow as part of an innovative and bold new development which will revitalise the area.
“The project will bring transformative change to the local community and wider Glasgow but it also serves up a sizable opportunity for the UK construction sector. The tender process for this housing project is likely to generate keen competition for this substantial development.”
Professional services firm EY acts as financial advisor to GCC.
Executive director and head of infrastructure at EY , Phil Milne, said: “Glasgow and Clyde Valley’s City Deal identified the redevelopment of Sighthill as a crucial infrastructure project for the region and the benefits will prove to be extensive.
“Strong partnerships between public and private sectors will deliver revolutionary change to Glasgow and across Scotland through the City Deals and we are proud to have played a role in supporting GCC as they deliver this inspiring project.”
Sighthill is the largest of eight Transformational Regeneration Areas (TRA) in Glasgow. In addition to hundreds of new homes the £250 million masterplan also includes extensive infrastructure works, a new school and community facilities, a land bridge across the M8 and a network of green space throughout the 50 acre site.
Works has already started on the early phases of the masterplan and construction will continue during the next five years.
The whole Sighthill project is expected to gain world-wide interest. It is the largest housing project of its type outside of London, in terms of scope of works and scale of funding.