Two bidders competing for Helensburgh's waterfront site

dailyrecord.co.uk:

Only two candidates now remain for Helensburgh’s vacant waterfront site after they were identified as preferred bidders by council chiefs.A report has revealed that the two contenders will now proceed to an interview stage to further clarify who will take over the area in front of the town’s leisure centre.And an Argyll and Bute Council official warned that Helensburgh may see further expenditure “leaking” to nearby Dumbarton and Alexandria “if no action is taken”.It is also stated that council officers are continuing to investigate the development of a new skatepark at the town’s Kidston Park.The report went before the council’s Helensburgh and Lomond area committee last week.Details of the bidders for the waterfront site are being kept confidential in several appendices to a report by executive director Douglas Hendry.Mr Hendry said: “The PDWG (Property Development Working Group) summary assessment of the offers and assessment criteria is attached as Appendix C, which is publicly restricted due to the commercially sensitive information contained within it.

From this exercise, two candidates were selected as preferred bidders as outlined in Appendix C.“Avison Young, commercial consultants who marketed the site on behalf of the council, have also reviewed the proposals and their report is attached as Appendix D which is publicly restricted due to the commercially sensitive information contained within it.“They have assessed them at a high level based on quality, compliance, financial covenant, experience, jobs created and NDR revenue.

Avison Young have advised that they are satisfied that the two preferred bidders selected represent the best value to the council.“The intention is to undertake interviews with the two