Scope
Description
Site
Land at Maygood Street is council owned and, subject to consent from the Secretary of State for change of use from education, has potential for the development of new homes.
The site is located on Maygood Street in the Barnsbury Ward. It is situated in a
predominantly residential area next to the Old and New Barnsbury Estates and the
Half Moon Crescent Estate. It has excellent transport links and access to local
amenities which make is suitable for residential development.
Scope
The council is seeking a delivery partner to develop a planning compliant 100% housing scheme (50% affordable, 50% market) on the Maygood Street site. The council's risk will be limited to the value of the land.
The council seeks to ascertain if this opportunity is of interest to the market.
Type of agreement
The agreement will either be a Development Agreement or land transaction (Agreement to Lease
Length of lease
Length of lease will be 250 years.
Estimated value
Seeking to maximise a capital receipt for the land. The total scheme costs are estimated to be in the region of £60m.
Procurement route
Via open tender (Competitive Flexible Procedure)
The contract will be procured using the competitive flexible procedure in a two-stage process
comparable to the restricted procedure. The first stage will involve assessing organisations
through a Procurement Selection Questionnaire (PSQ), with all submissions subject to minimum
requirements as stated in the PSQ. The second stage will be an evaluation of tenders submitted
by bidders who are selected at the PSQ stage.
Site visits
No site visits offered.
Total value (estimated)
- £60,000,000 excluding VAT
- £72,000,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 16 March 2026 to 3 March 2031
- 4 years, 11 months, 19 days
Main procurement category
Works
CPV classifications
- 45000000 - Construction work
Contract locations
- UKI - London
Engagement
Engagement deadline
19 October 2025
Engagement process description
Site
Land at Maygood Street is council owned and, subject to consent from the Secretary of State for change of use from education, has potential for the development of new homes.
The site is located on Maygood Street in the Barnsbury Ward. It is situated in a
predominantly residential area next to the Old and New Barnsbury Estates and the
Half Moon Crescent Estate. It has excellent transport links and access to local
amenities which make is suitable for residential development.
Scope
The council is seeking a delivery partner to develop a planning compliant 100% housing scheme (50% affordable, 50% market) on the Maygood Street site. The council's risk will be limited to the value of the land.
The council seeks to ascertain if this opportunity is of interest to the market.
Type of agreement
The agreement will either be a Development Agreement or land transaction (Agreement to Lease
Length of lease
Length of lease will be 250 years.
Estimated value
Seeking to maximise a capital receipt for the land. The total scheme costs are estimated to be in the region of £60m.
Procurement route
Via open tender (Competitive Flexible Procedure)
Please visit:
Site visits
No site visits offered.
Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Publication date of tender notice (estimated)
1 December 2025
Procedure
Special regime
Utilities
Contracting authority
Islington Council
- Public Procurement Organisation Number: PBMD-2513-CWJJ
Islington Town Hall
London
N1 2UD
United Kingdom
Contact name: Islington Procurement Team
Email: procurement@islington.gov.uk
Website: http://www.islington.gov.uk/
Region: UKI43 - Haringey and Islington
Organisation type: Public authority - sub-central government