# Development at Elwick Place, Ashford, Kent

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

## Key facts

- Public buyer: PROACTIS TENDERS LIMITED MYT
- Contract winner: Stanhope PLC
- Award value: £80,250,000
- Tender value: £80,250,000
- Award date: 10 October 2010
- Published: 28 June 2022
- Contract start: 16 October 2010
- Contract end: 31 August 2028
- Stage: awarded
- Procurement category: works
- Notice ID: 857d0bcc-789a-40f7-9828-1e130f51862f-516316
- OCID: ocds-b5fd17-a4ddc04d-993b-4ec0-97a7-d67a5cd4c9e1

## Description

A development agreement \("DA"\) was originally entered into in 2010 between the South East England Development Agency \("SEEDA"\) and Stanhope PLC and concerned the re-development, in phases, of a site in the centre of Ashford known as Elwick Place according to a masterplan to be agreed between the parties\. In 2015 the Council acquired the site and the rights and obligations formerly vested in SEEDA under the DA\. The Phases are now as follows: Phase 1 \(cinema, hotel, restaurants, retail units and car park\), Phase 2 \(200 residential flats\) and Phase 3 \(yet to be agreed\)\. The parties have now agreed certain changes to the DA\. This notice concerns those changes\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/857d0bcc-789a-40f7-9828-1e130f51862f-516316)