Vauxhall mixed use property development.

Descriptions

The College intends to engage a private sector partner (PSP) to deliver a mixed use development in Vauxhall, South London. The proposal will create vocational training facilities for the College as end user enabled by the mixed use development. It is anticipated that this development will comprise a specialist Lambeth College Skills Centre for vocational learning, potentially including a training hotel, and restaurant and conferencing facilities. The residential element will comprise a mix of private and affordable residential units for rent and/or sale.It is anticipated that the PSP will deliver the Skills Centre together with capital receipts from the sale of the private apartments, affordable housing and hotel. The site is located in an exceptional London location within the Nine Elms/New Covent Garden development area.The owner/operator of the hotel will be required to enter into a Training Agreement (as part of the Project Agreement or separately) for the provision of opportunities for students to gain experience and training through working in the hotel.The development of the Skills Centre is a highly enterprising initiative that will enable the College to become London’s leading dynamic further education provider. This project focuses on the huge industry skills shortage in the area (Nine Elms, Elephant and Castle, Battersea, Waterloo) responding directly to feedback from employers.It is anticipated that the contract will start mid-December 2015 with a build period of 36 months.Procurement documentation can be obtained from www.vauxhallexchange.com, which will be updated as further procurement documents are finalised.