Out-Law News | 30 Apr 2014 | 2:22 pm |
The development manager will fund, manage and lead the delivery of around 2,100 homes as well as 25 acres of employment space and infrastructure on the site. It will receive a share of the net proceeds realised in return.
GVA, which has been appointed to lead the partner search, said in a statement that the development manager will be required to "progress the current planning position, facilitate infrastructure provision, co-ordinate the phased decant of the site, provide strategic advice and leadership of the site development as well as manage the future disposal process".
The site, which is currently occupied by the MoD, comprises a number of warehouses and outbuildings and is used as a storage and distribution depot for military vehicles. The MoD will be relocating from the site as part the government's 'Plan for Growth'.
The site is included for redevelopment in the draft joint core strategy being prepared by Gloucester City Council, Cheltenham Borough Council and Tewkesbury Borough Council.