16:25 06 Jul 2009
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Bexley Council is unlikely to re-tender for a development partner for the £100m Erith Western Gateway scheme in south-east London, which stalled in February after the appointed partner Crest Nicholson pulled out of the job.
The council is now reconsidering its options, and a source told CJ the work is likely to be divided up into a number of smaller packages.
"Procuring a single development partner has not worked, so we need to see if it would be right to try to re-tender or whether it would be better to split the project into smaller phases. We are thinking creatively about it," the source said.
The job, which is worth at least £100m, had attracted bids from Barratt Homes, Generator, Gleeson Homes and a Bouygues/Moat Homes joint venture.
Proposals include at least 500 new homes, a hotel, offices, shops, leisure uses and open space.
Bexley Council expects to announce how it will take the project forward towards the end of the year.