Project Texas

Loughborough University · awarded 20 January 2025 · delivered in East Midlands

Who

Buyer	Loughborough University Loughborough
Supplier	Stoford Loughborough Limited
Category	services
Classification	Real estate services CPV 70000000
Notice published	21 January 2025

What it is for

The University proposes entering into an agreement for lease with Stoford Loughborough Limited ("Stoford") that will, subject to the satisfaction of certain conditions precedent, result in the grant of a long lease by the University of a site owned by the University ("the site") to a lessee nominated by Stoford ("the lessee"). Stoford proposes to commission the construction by a building contractor for the lessee of a new advanced manufacturing facility on the site, along with site specific infrastructure, which the lessee will sub-lease to an occupier ("the sub-lessee"). The building contractor will also provide certain infrastructure works on land owned by the University adjacent to the site, comprising a new roundabout, spine road and drainage, which will be owned by the University.

Read the original award notice on Contracts Finder →

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1 award on file, worth £4.0m.

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