Development at Elwick Place, Ashford, Kent

Award

Buyers

Ashford Borough Council

Value

£80,250,000

Suppliers

Stanhope PLC

Classifications

Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
Multi-dwelling buildings construction work

Tags

award
contract

Published

3 years ago

Description

A development agreement (“DA”) was originally entered into in 2010 between the South East England Development Agency (“SEEDA”) and Stanhope PLC and concerned the re-development, in  phases, of a site in the centre of Ashford known as Elwick Place according to a masterplan to be agreed between the parties. In 2015 the Council acquired the site and the rights and obligations formerly vested in SEEDA under the DA. The Phases are now as follows: Phase 1 (cinema, hotel, restaurants, retail units and car park), Phase 2 (200 residential flats) and Phase 3 (yet to be agreed). The parties have now agreed certain changes to the DA. This notice concerns those changes.

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Contract Agreement

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Award Notice

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Organisation

Ashford Borough Council

Regional or local authority

[email protected]

+44 1233333311

Timeline complete

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