Metropolitan Thames Valley Housing, the trading name of Metropolitan Housing Trust Ltd. (MHT) and Thames Valley Housing Association (TVHA), is looking to appoint a 50:50 joint venture partner to deliver the £800 million ($1.04 billion) Clapham Park Phase 2 Estate Regeneration Project in London, according to InfraPPP.
The partner will provide investment and expertise to the corporate joint-venture entity to deliver the project, involving the development of up to 16 sites across the Clapham Park Estate. The estate regeneration project is expected to create a safe, inclusive series of neighborhoods between three local centers: Clapham, Brixton and Streatham Hill.
The building program will last 15 years and is expected to end in 2035. Metropolitan Living Ltd., a wholly owned subsidiary of MHT, will enter into the JV agreement with the selected partner.
The deadline to submit requests to participate is Sept. 15., with invitations to participate to be dispat
