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The heart of Slough major £650 million redevelopment

08:36 06 December in Berkshire, News

 Slough Urban Renewal are partnering with Muse Developments as part of a £650 million redevelopment in the heart of Slough. Slough Borough Council bought the former Thames Valley University land as part of regeneration plans for the town.

Both companies will deliver the North West Quadrant, developing 1,4000 homes, 250,000 sqft of commercial space, 45,000 sqft of ancillary leisure and retail as well as 150,000 sqft of cultural facilities.

The joint-venture proposals for the site will be developed and amended over the next few months, with public consultation expected to take place towards the end of 2020.

 “It’s a proud moment for everyone at Muse, as we’re awarded the opportunity to bring forward the North West Quadrant. It is truly a transformational scheme and we look forward to working collaboratively with our partners and the community, to create a series of innovative solutions that deliver a real sense of place in the heart of Slough town centre. Slough’s town-centre redevelopment is one of the UK’s largest programmes of regeneration and we’re delighted to be working with partners to deliver these exciting schemes.”

Mike Auger, Regional Director at Muse Developments

 

 “A range of opportunities provided by Slough estates and businesses, plus local demand are delivering a sustained period of growth for our town. The council has made a political commitment to use this to regenerate the town centre and provide the infrastructure we need for the future. The TVU site will be reinvigorated, housing new homes, new offices, shops and leisure facilities, completing the final quadrant of the Heart of Slough – a landmark for our town we can all be proud of. The investment from the council will trigger the largest single local authority regeneration project seen outside of London.”

Josie Wragg, Chief Executive of Slough Borough Council

 

Read more, HERE.