Contract award · 27 Jun 2025

Limmo Opportunity

Places for London awarded “Limmo Opportunity” to Ballymore Limited for £2.04bn on 27 Jun 2025.

Real estate servicesLondon

Value £2.04bn

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Places for London · Body governed by public law
Value
£2,040,000,000
Procedure
Competitive dialogue
Sector
Real estate services · Development services of real estate (CPV 70110000)
Region
London
Timeline
  1. Contract date27 Jun 2025
  2. Published16 Jul 2025Published 19 days after the contract date

Description

In 2024, Places for London Limited (Places for London), a wholly owned subsidiary of Transport for London (TfL) commenced a procurement process to appoint a joint venture property development partner and development manager to deliver a residential led development at the Limmo Peninsula site in Canning Town, East London. The Limmo project provides an opportunity for an experienced property developer to partner in a joint venture with Places for London to deliver a sustainable, place-based design which will act as a catalyst for further regeneration of the local area. The Limmo site comprises 5 hectares of brownfield land located entirely in the London Borough of Newham (LBN) and is one of East London's largest remaining brownfield sites with over 600m of river frontage. With direct links to the Jubilee and DLR lines, it is less than 20 minutes from central London. The site has the potential to deliver circa 1,500 new homes, commercial spaces, open space and connectivity improvements f…

About the supplier

More from Places for London

All contracts

More won by Ballymore Limited

All contracts

Recent real estate services contracts

Sector overview