£1.5billion tender released for London South Bank University (LSBU) development plans

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LSBU advertises for commercial partner to develop the Technopark site on it’s Elephant and Castle campus

It was recently announced that LSBU is looking to develop the Technopark site, situated on its campus at Elephant and Castle. The site, which currently consists of 8,901m² of office space will be regenerated into learning spaces, conference facilities, offices and student accommodation.

The contract value has been estimated to be in the region of £20million to £500million, however the developer’s overall project could reach costs in the region of £1.5billion. The university aims to commence works in 2017, with completion predicted in 2027.

Procurement documents are available here.

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