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Search to start for £400m Southend regen partner

Source: http://www.constructionenquirer.com

The search for a joint venture development partner to help deliver a £400m housing-led regeneration project in Southend-on-Sea town centre will start next week.Southend-on-Sea Borough Council is seeking a 30 year partnership to fund, develop and manage the Better Queensway project.A preferred bidder will be announced by spring 2019 for work to demolish four 1960s tower blocks and replace them with 1,300 homes.The 10 hectare site has recently secured a £15m Government housing infrastructure bid.The council will publish an OJEU notice next week ahead of a launch event on Thursday 22 March at the end of Southend Pier.