We recently advised on the 225m GBP and 82 acres employment park at Hinckley, Leicestershire.
This included advising on the procurement of all of the offsite infrastructure to the site, the construction of a new junction on the A5 and improvement to Junction 1 of the M69, the preparation of the majority of the site for development and the first 532,000 sq ft unit on the site.
The onsite works were complicated by various sets of works being undertaken simultaneously under a matrix of different building contracts. As part of the acquisition and progression of the site, we had to restructure the development agreement for the sale of the first plot to DPD (which was for the construction of a £150m super-hub for DPD) at short notice so that it took account of various potential options for the delivery of the plot to facilitate an acceleration of DPD’s construction programme.
Hinckley Park will also deliver a package of sustainable transport measures, including additional bus services, new footways and cycle ways to improve access and safety for pedestrians.
Our experience and how we can help
We have wide experience in: energy, transport (including roads, rail and ports), regeneration, hotels & leisure, water & utilities and waste management. We advise on standard form contracts and bespoke forms of contractual arrangements specific to infrastructure projects, and can help with the myriad ancillary documents that are typically required, such as collateral warranties, parent company guarantees, performance bonds, retention bonds and variation agreements. Besides construction contracts, the team advises on: framework agreements, remediation strategy & implementation, facilities management, joint venture vehicles, Invitations to Tender (ITTs), procurement routes, Building Information Modelling (BIM), Construction Act obligations, post-project de-briefs and support to real estate and corporate acquisition projects.
Visit our construction and engineering page to learn more, or contact our real estate team today.
Disclaimer
This information is for educational purposes only and does not constitute legal advice. It is recommended that specific professional advice is sought before acting on any of the information given. © Shoosmiths LLP 2024.