Planning permission granted for 232-home, PRS development in Newbury
Following extensive consultation in Spring 2016, Grainger, the UK’s largest listed residential landlord, submitted a detailed planning application to West Berkshire Council to develop land between Newbury railway station and Market Street creating an attractive new gateway to Newbury with high-quality homes to meet local need and additional parking capacity for Newbury station users.
The application has recently been given planning permission by West Berkshire Council to redevelop the 2.2 hectare site at Market Street, Newbury.
The approved scheme, a joint partnership development between Grainger, West Berkshire Council and Network Rail comprises 232 new homes, 219 of which will be available for private rent and 13 for shared ownership. Grainger will directly own and manage the homes for the long-term.
The scheme will provide a mix of apartments, duplexes and houses alongside 8,780 sqft of new commercial space to be marketed to local businesses. In addition the scheme will also include:
– Improved pedestrian links between the station and Newbury town centre;
– A new gateway to Newbury with a redesigned station forecourt;
– Over £8m of further improvements to Newbury including a new multi-storey car park for station users and council employees which will be for public use at weekends;
– A brand new bus station; and
– A dedicated residents’ hub and on-site management office.
Following the decision, Grainger will be looking toward commencing construction on site in 2017 following the appointment of a contractor. The company will provide further details as the scheme progresses.
Nick Jopling, Executive Property Director at Grainger plc said:
“We are delighted that the council has granted planning permission for this exciting build-to-rent scheme and new gateway to Newbury.”
“This development opportunity is the result of our on-going partnership with West Berkshire Council and Network Rail and the culmination of our close working with the local community to develop the proposals over the past 18 months. Hundreds of local people have contributed to the shaping of these plans and we thank them for their time and valuable input. We now look forward to progressing the scheme to deliver high quality new rental homes and improve the centre of Newbury.”
Nick Carter, Chief Executive of West Berkshire Council, welcomed the news. He said:
“The Market Street development will ultimately bring significant economic benefits to the whole town. It forms a key part of West Berkshire Council’s Newbury Vision 2025 that has already d elivered projects such as Parkway, the cinema, and the popular pedestrian areas in the town centre.
“Newbury is already one of the best connected towns in the south. The Network Rail electrification project will transform the current service from London, delivering faster, greener and quieter travel with extra capacity – and potentially more visitors to the town. This perfectly complements the Vision and gives an opportunity to provide a new and enhanced gateway to Newbury.”
Phil Brown, Senior Commercial Scheme Sponsor at Network Rail said:
“We’re delighted to play a part in the redevelopment of the area around Market Street. The work will create a new front door for Newbury for passengers arriving by train, and should create a much more attractive setting for the station.”
“Schemes such as this play an important role in upgrading the rail network, which we are committed to through our multi-billion pound investment programme. As part of this programme, we are electrifying the Great Western Main Line from London Paddington through to South Wales, which incorporates the line through Newbury.”
“Electrification involves erecting overhead line equipment to power a new fleet of electric trains to run underneath. These trains are longer, faster, quieter and greener benefiting passengers and those who live close to the railway line.”
Work on the site is expected to begin in winter 2017, with the first new homes likely to be completed in spring 2019.
The proposals are anticipated to create more than 220 new full time jobs in the next four years and, upon completion, anticipated to provide more than £4m of additional expenditure in local shops and services each year.
As part of its consultation, Grainger held a Community Planning Weekend in July 2015 to create a new vision for the site. More than 200 people took part in workshops and hands-on planning activities during the Community Planning Weekend process, and meetings were also held with local businesses, young people and community groups. In September 2015 Grainger also invited local people to the Market Street Community Forum for an update on the proposals which gave the community an opportunity to provide further feedback.
To see the submitted planning application follow this link View Submitted Application and use the reference number 16/00547/FULEXT.
Exhibition showing the submitted plans
On Tuesday 22 March we held a final exhibition of the submitted plans. If you were unable to attend you can view the exhibition boards which were on display by using this link Post-submission exhibition boards_March 2016. A four-page summary handout can also be viewed following this link Post-submission exhibition handout.