Six figure investment planned for next step of major Newbury

Six figure investment planned for next step of major Newbury redevelopment


London Road Industrial Estate has been earmarked for a major redevelopment
ANOTHER £345,000 of taxpayers’ cash must be spent before West Berkshire Council can apply for planning permission to redevelop London Road Industrial Estate.
That’s according to a council report, which says it will need to pay consultants £300,000 to “progress the scheme through to a planning application” and spend £45,000 on assessing the feasibility of the redevelopment.
On December 17, the council’s executive team is expected to sign off that investment and press ahead with the project, which has been in the pipeline since 2003.
The council, which has opted to redevelop the 27.5 acre Newbury site in phases, wants to begin construction in two years and complete the project by 2030.

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