Countryside has been selected as a joint venture (JV) partner for the £124 million third phase of Bracknell town centre’s regeneration.
The JV will initially focus on redevelopment of council-owned sites at Market Street, Jubilee Gardens and Coopers Hill where around 400 homes are proposed – 35 per cent of them affordable.
There will also be a health centre, restaurant, gym, office space, community space and public art. The first planning applications will be submitted in early 2021 with construction intended to start later that year.
Cllr Marc Brunel-Walker, executive member for economic development and regeneration, said the first two phases succeeded in bringing the Lexicon to Bracknell.
He added: “This next phase is very exciting as it will see three key town centre sites redeveloped to provide new homes, retail, leisure, community, art and health facilities and so we are looking forward to working closely with Countryside to turn our aspirations in to reality.”
Mike Woolliscroft, chief executive, partnerships, Countryside, said: “We are thrilled to have been chosen to be the joint-venture partner for this landmark town centre regeneration programme.
“This is testament to our expertise in meaningful and sustainable regeneration having worked on large-scale schemes for over four decades.
“We are also proud of the culture we have cultivated entrenched in close collaboration, meticulous community engagement and transparency.”
Image shows the proposals for Market Street.
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