MORE than 500 new homes could be built in Station Hill as part of development plans for the area.
Details of the first phase of the proposals, by joint venture partnership Lincoln MGT, have been announced.
Since acquiring the site in June, Lincoln MGT has worked with Reading Borough Council to develop a renewed vision for the area, and the latest application seeks to deliver 538 new homes, which Lincoln MGT say have been specially designed and will be professionally managed with an on-site maintenance team, concierge and a strong emphasis on communal areas.
This will sit together with circa 25,000sq ft of commercial and leisure accommodation.
Alex Aitchison, director of development at Lincoln Property Company UK, said: "Our ambition for Station Hill is to deliver a best in class regeneration project that will create the new gateway that Reading deserves.
"As a truly mixed-use development, it will become a new town quarter that fuses contemporary living, working, leisure and open community space.
"Our plans seek to tap into the vast potential of this already impressive and ambitious area.
"We believe that our revised proposals, combined with a phased approach, is the best way to unlock this key site for Reading."
A Google view of the site last summerÂ
Lincoln MGT's programmed commencement of demolition is due to start next month.
The public consultation process on the latter phases of the north site, between Garrard Street and the station is timetabled for later in the year.
This will provide an opportunity for the community to provide feedback on the proposals.
Lincoln MGT say the vision for the whole Station Hill site is for it to be a transformative project for Reading, creating a focal point for the town through substantial investment in new public spaces, landscaping, and greatly improving pedestrian accessibility.
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