West Berkshire Council should buy the Kennet Centre so its redevelopment can be the right thing for Newbury, the Thames Tap Newbury Forum heard.
Thames Tap teamed up with Porterfield PR to bring a group of property professionals with expertise in Newbury together to discuss the future of the Kennet Centre and the town itself. The round table discussion was held at The Chequers Hotel on Friday, July 5.
The panel consisted of:
Matthew Battle, managing director, UK Property Forums (and meeting chair)
Ian Blake, director, Morse Webb architects
Chris Boulton, chief executive, Greenham Trust
Fiona Brownfoot, retail director, Hicks Baker property consultants
Kim Cohen, partner, Barton Willmore
Duncan Kite, director, GCW retail property consultants
Ian Young, director, YA Property property consultants
Cllr Tony Vickers, West Berkshire LibDem councillor for Wash Common, serving on the district planning committee and vice-chair of the western area planning committee
Ian Purvis, managing director, Porterfield PR
Fiona Brownfoot, retail director at Hicks Baker, told the meeting the only potential buyer which can ensure the right outcome is the local authority.
She said: “What, in my view, needs to happen with this site is not to sit back and wait for a developer to come forward with their proposals. Their objectives will be maximising profit. Let’s not kid ourselves that they are here to do good for the town.
“It has to be the council. I don’t know who else is going to do it. They should come forward and say, ‘this is what we would like to see on this site, this is what works for the town, this is what integrates Market Square with the station, this is what integrates with developments already going on, and these are the uses we want to see in this town’.
“And they should come forward with a blueprint development.
“That’s what we need to see but you are never going to get that in a million years from a developer buying the site because that doesn’t maximise the value.”
She said that since the authority had granted permission for the redevelopment of the Parkway Centre which in turn had taken footfall away from the Kennet, it should now be proactive in its redevelopment.
Cllr Tony Vickers suggested a supplementary planning document could guide any developer but he doubted the council could go as far as purchasing it.
Earlier in the meeting, Cllr Vickers said both the LibDems and the ruling Conservatives on the council were in broad agreement about the mix of uses needed but he accepted members were not experts.
He said: “The Conservatives are fairly laissez faire in terms of their active participation in moving it forward.
“They would develop a plan and then let the market operate which is normally fine, but because we’ve got leases like the car park, and because, on our side, we feel we must move back to the market for affordable housing, we (the LibDems) would be more interested in being active participants in redevelopment.
“But it’s difficult because we are a small council and it’s whether we could afford the right inhouse officer.”
‘PD has made Newbury a dormitory town’
‘Council should buy the Kennet Centre’
‘Newbury could wither on the vine’
* Image (l-r): Fiona Brownfoot with Cllr Tony Vickers.
© Thames Valley Property No 171 (tvproperty.co.uk)