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Redevelopment/repurposing and leasing of a site in George Street, Oxford

Urban development construction work
South East (UKJ14)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Oxford City Council: "Redevelopment/repurposing and leasing of a site in George Street, Oxford". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityOxford City CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Oxford City Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Oxford City Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
5Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityOxford City Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published27 Oct 2023, 15:11 BST
Last source update27 Oct 2023, 15:11 BST
Recurring procurementNot published
ClassificationUrban development construction work
Delivery area
South East (UKJ14)
OCIDocds-h6vhtk-0367ca
What is being bought
Oxford City Council is seeking the appointment of a developer partner and occupier/operator for the redevelopment/repurposing of a site in George Street, Oxford for alternative use upon the expiry of the existing leases.
What changed
From the official release history
  1. tender value changed
    27 Oct 2023, 15:11 BST
  2. Status changed to complete
    27 Oct 2023, 15:11 BST
  3. Official notice release published
    27 Oct 2023, 15:11 BST
  4. Submission deadline changed to published date
    27 Oct 2023, 15:11 BST
  5. Buyer information updated
    27 Oct 2023, 15:11 BST
  6. Published value updated to £50,000,000
    12 Sept 2022, 16:09 BST
  7. Status changed to active
    12 Sept 2022, 16:09 BST
  8. Official notice release published
    12 Sept 2022, 16:09 BST
  9. Submission deadline changed to 12 Oct 2022, 17:00 BST
    12 Sept 2022, 16:09 BST
  10. Buyer information updated
    12 Sept 2022, 16:09 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Oxford City Council owns the freehold of the site, which equates to around 0.26 acres, in the heart of Oxford’s City Centre between George Street to the south and Gloucester Green to the north. ABC Cinemas Limited is the existing tenant of the site. The building, currently occupied by Odeon, is around 21,400 sq. ft. The site also includes a substation. The Council is exploring redevelopment/repurposing option at the site; the aim is to deliver a scheme which provides greater activation at ground floor level and connectivity to the fabric of George Street and Gloucester Green and to maximise the income return from the Site. The Council seeks proposals from a developer (who will deliver the development) bidding alongside an operator/occupier who will sign a minimum 25-year lease with the Council. Please note the value of the contract submitted in V.2.4. Information on value of the contract/lot is the GDV as tendered by Marick (£48,750,962) which is subject to change in accordance with the contractual documents.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    27 Oct 2023, 15:11 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 19 Oct 2023, 00:00 BST · £48,750,000
Commercial outcome and competition
Awards
Marick Real Estate Limited
Not published · Not published · active
Contracts
Contract
£48,750,000 · signed 19 Oct 2023, 00:00 BST · active
Bid statistics
bids: 5 (lot 1)
Buyer and organisations in this procedure

Oxford City Council

Contracting authority GB-FTS-96534
View buyer profile

  • Oxford City Council
    buyer

    Oxford City Council, Town Hall, St Aldate's, Oxford, UKJ14, OX1 1BX
    procurement@oxford.gov.uk

  • High Court of England and Wales
    reviewBody

    London

  • Marick Real Estate Limited
    supplier

    Chancery House 30 St Johns Road, Woking, UKJ2, GU21 7SA
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published