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13/05/2016

Councils Issue Tender For Hampshire Residential Development

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Local authorities in Hampshire have begun looking for a developer to lead a large residential development to the west of Basingstoke.

The Manydown development will consist of 8,000 homes on a 842ha greenfield site.

Basingstoke and Deane Borough Council and Hampshire County Council have now issued a prior information notice (PIN) outlining the first phase of the scheme, consisting of around 3,400 homes.

Richard Bayley, Project Director for Manydown, said: "Manydown offers one of the best residential development opportunities in England. We are looking for an organisation or a consortium of developers and investors who have a solid track record in placemaking and infrastructure to deliver this large scale residential project. We need a partner who has both financial and resource capacity to work with us and commit for the longevity of this exciting project.

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"Our plan is to enable the selected partner to facilitate the delivery of the first phase of 3,400 homes, but they will also be encouraged to fulfil the longer term opportunity of the project which could comprise further development phases. The whole of the project could ultimately deliver 8,000 homes."

Interested developers and investors are encouraged to attend a partner engagement event to find out more information on 13 June.

The OJEU notice will be served in July 2016.

For more information, visit here.

(LM)

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