Wed, 09 Mar 2016
Detailed plans for a high-rise “urban village” in central Newbury have finally been submitted.
Discussions over the major redevelopment on land between Newbury rail station and Market Street date back to 2013 when West Berkshire Council gave away its land, valued then at £3.9m, to developers for nothing, as part of its overarching vision for the town.
Developers Grainger now plan to transform the 5.5 acre site into a 232-home development with some residential blocks as high as seven storeys.
After holding several public consultation events last year, Grainger has now put together a detailed planning application for West Berkshire Council to consider.
As part of the latest proposals more than £8m of extra improvements have been promised, in the form of additional car parking at Newbury train station, a multi-storey car park and a new station plaza.
The development will also include 10,200 sq ft of commercial space and developers will pay a community infrastructure levy amounting to roughly £1.53m.
For the full story pick up a copy of this week's Newbury Weekly News.