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London Borough of Camden seeks development partner for transformative mixed-use project
The London Borough of Camden is launching a procurement process to find a development partner for a mixed-use redevelopment opportunity on Camley Street in London. The council is seeking a development partner with a proven track record for delivering high-quality, commercial-led schemes targeting the “knowledge economy.”
With an anticipated gross development value of £500 million ($622 million), the Camley Street opportunity consists of 3.56 acres across two council-owned sites, which are part of the council’s Community Investment Program (CIP). CIP aims to invest more than £2.3 billion ($3 billion) to deliver 4,850 homes and provide affordable housing supply in Camden.
In September 2022, the council decided to proceed with plans to develop the sites. The proposals include delivering around 350 new, energy-efficient homes; delivering more than 200,000 square feet of Knowledge Quarter–led commercial space and creating around 1,000 employment opportunities in t