Muse Developments has been appointed development manager for Slough’s £650 million Thames Valley University (TVU) site scheme.
Slough Urban Renewal (SUR) has announced the appointment for the vacant town centre site where a mixed-use development – to be known as North West Quadrant – is in the pipeline.
It consists of 1,400 homes, more than 250,000 sq ft of commercial space, 45,000 sq ft of ancillary leisure and retail space and 150,000 sq ft of cultural facilities along with extensive public realm.
Masterplan proposals are being drawn up ahead of public consultation towards the end of 2020 before a planning application is submitted.
SUR, a joint venture between the council and Morgan Sindall, has already delivered 15 leisure, education and housing projects in the last three years.
Josie Wragg, chief executive of Slough Borough Council, said: “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 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.”
Mike Auger, regional director at Muse Developments, said: “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.”
© Thames Valley Property No 187 (tvproperty.co.uk)