Latest phases of central Reading’s major Station Hill redevelopment get the go-ahead
The ambitious £750 million scheme will create a new gateway for Reading, comprising up to 1.3 million sq. ft best-in-class office space, 750 private and affordable homes, and over 60,000 sq. ft of new lifestyle-led retail and leisure space, together with significant provision of public realm.
Waterman is delighted that Phases 2 & 3 of the ambitious plans to comprehensively redevelop an area of land located immediately south of Reading Mainline Railway station have been approved. Brought forward by SH Reading Master LLP, a joint venture between Lincoln Property Company and MGT Investment Management (Lincoln MGT), the proposals, known as Station Hill, will regenerate the site with an employment and residential-led mixed-use development.
Phase 1 of the development, which includes over 500 homes within the southern part of the Station Hill site, was approved in 2019 and is currently under construction. Full planning permission has now been granted for Phase 2, with Phase 3 being granted outline planning consent to allow flexibility in the scheme’s development.
Once complete, the entire scheme will deliver up to 1,300 new homes, office accommodation, lifestyle-led space for retail, cafes and restaurants, a new pedestrian link and activated public realm between the station and the town centre, becoming a new district and destination for Reading.
CallisonRTKL acted as the project masterplanner and architect for the residential and hotel buildings, with Gensler delivering the architectural design for the commercial office buildings.
One Station Hill which forms Phase 2 of the development, will be the first office building in the scheme providing 275,000 sq. ft of workspace and benefitting from a rooftop terrace, bar and lounge together with leisure facilities and new public realm with parking below. Work on Phase 2 of the scheme is scheduled for completion in 2024.
Phase 3 retains flexibility to deliver a range of commercial and/or residential uses to meet the changing social and economic trends as the development programme progresses.
Working closely with SH Reading Master LLP, our environmental team undertook the Environmental Impact Assessment (EIA) and prepared an Environmental Statement (ES) to support the planning application. This included working as an integral part of the design team to set the EIA strategy, acting as an interface between the technical teams and the design team, along with developing suitable mitigation and enhancement measures for the development. Our team also undertook technical assessments in relation to Townscape and Visual Impacts, Heritage both above and below ground, Air Quality, Noise and Vibration, Ground Conditions, Ecology and Flood Risk. We also continue to work closely with the design team to respond to planning conditions, particularly in relation to archaeology but also ecology and air quality.
Alex Aitchison, Director for Development for Lincoln Property Company UK, said in a recent statement: “We are thoroughly looking forward to seeing our transformative vision for Reading become a reality. Station Hill will deliver an exceptional mixed-use environment offering a true live-work location adjacent to Reading train station and the start of the Elizabeth Line.”
Joanna Bagley, Senior Associate Director at Waterman and Project Director for Station Hill, said: “Waterman has a long history of involvement in the development at Station Hill and I am delighted that the next phases have been granted planning permission. We are very much looking forward to seeing the development take shape over the next few years.”