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Awarded United Kingdom Works

HAR6174: Riverside Poplar Phase 2

Buyer: Tower Hamlets

Published
9 April 2026
Estimated value
£47,840,000
Place of performance
UKI
Procedure
Direct award
Lots
1
Notice number
032388-2026
Reference
ocds-h6vhtk-06554d
Official source
Official source

CPV codes

Description

The London Borough of Tower Hamlets (the Council) has identified an opportunity to acquire 223 affordable housing units at Blocks A and B at Heron Wharf, Poplar Riverside, Leven Road (the Site). The Site is currently owned by St William Homes LLP (SWH), a subsidiary of Berkeley Homes (BH). SWH is developing residential housing as part of Phase 2 of the Heron Wharf scheme (the Scheme). The planning permission and associated s106 agreement obtained for the Scheme requires SWH to sell the affordable flats to be delivered, to a Registered Provider, which in this case would be the Council. As part of the Scheme, the Council has agreed to acquire 223 affordable units as set out below. When the construction of the units reaches "golden brick" stage (above foundation level - being the point at which the units are treated as a zero-rated supply for VAT purposes) the Council will purchase the land interest from SWH (so the Council becomes the owner of the land on which the 223 affordable units are to be delivered). The Council will also, at the same time pay SWH the costs associated with the delivery of the works up to "golden brick". The Council will also enter into a Development Agreement …

Awards

Awarded toAmountDate
St William Homes LLP — —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £47,840,000.
Who is the buyer of this tender?
The contracting authority is Tower Hamlets (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.