Brentwood Borough Council has announced Morgan Sindall as preferred joint venture partner for the redesign and regeneration of council sites
The award of the regeneration of council sites contract is subject to full council approval.
This the first time in Brentwood’s history that such a partnership has been entered into with the working relationship set to last over 30 years.
Brentwood Borough Council leader, Louise McKinlay said: “This is the largest and most significant project Brentwood Borough Council has ever undertaken.
“Indeed, it will produce the most comprehensive opportunity for our borough in terms of future design and offer. I am delighted that Morgan Sindall has been selected as the preferred partner after an extremely rigorous process and commend the company for the dedication and innovation it has shown.
“We have a grand vision of what we want our town to become and this opportunity is a once in a lifetime chance to make this a reality. Our residents will, over the coming months and years, be able to see a real change that will build on our heritage and create a Town of the future for generations to come.”
Moving forward, the Joint Venture will see ownership split 50:50 between the council and Morgan Sindall.
Wes Erlam, managing director of Morgan Sindall Investments added: “Morgan Sindall Investments is delighted to be selected to partner with Brentwood Borough Council.
“The 50:50 JV will mean the council can retain control over how its land is developed and the pace and scale of that development. We are looking forward to bringing our expertise which has delivered excellent results elsewhere.”
The long term regeneration will see new homes, public spaces, commercial and leisure facilities built which will contribute to the regeneration of council sites across Brentwood.