# South Thamesmead Phases 2 and 3 Joint Venture Partnership

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Peabody Trust](/buyers/peabody-trust/contract-awards)
- Contract winner: [Lovell Partnerships Limited](/contract-winners/lovell-partnerships/public-sector-contract-awards)
- Award value: £300,000,000
- Tender value: £300,000,000
- Award date: 9 August 2022
- Published: 16 January 2024
- Contract start: 31 March 2023
- Contract end: 30 June 2031
- Stage: awarded
- Procurement category: works
- Notice ID: aa680ecc-3786-4b6c-a260-31787a2a6240-714502
- OCID: ocds-b5fd17-2f74eee6-371e-4159-9fcf-dcf9e9e9a161

## Description

Peabody is seeking to establish a 50:50 joint venture \('JV'\) between Peabody and a private sector partner \('PSP'\) to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH \(the 'Development Site'\)\. The Development Site totals circa 3\.1 hectares \(7\.7 acres\) split between a northern plot \(Phase 2, c 1\.7 ha \(4\.6 ac\)\) and southern plot \(Phase 3, c 1\.2 ha \(3\.1 ac\)\)\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/aa680ecc-3786-4b6c-a260-31787a2a6240-714502)