Sunderland Delivery Vehicle

Turnberry Real Estate Limited is senior advisor to Sunderland City Council on the procurement of a private sector developer partner to establish a joint venture delivery vehicle to facilitate and accelerate the regeneration and development of the city and realise the overarching aims for the city as set out in The Sunderland Strategy and the Sunderland Economic Masterplan. Through this initiative, the partnership will help to unlock a portfolio of sites across the city undertaking the city’s largest-ever redevelopment project over the next 20 years; supporting housing delivery and employment and economic revitalisation.

The SDV will bring forward the city’s priority projects and leverage private sector funding and investment into Sunderland. The procurement commenced towards the end of 2012 and a preferred partner will be selected in the Autumn 2013.