Station Hill is a road and ongoing redevelopment project in

Reading, Berkshire Reading ( ) is a town and borough in Berkshire, southeast England. Located in the Thames Valley at the confluence of the rivers Thames and Kennet, the Great Western Main Line railway and the M4 motorway serve the town. Reading is east of Swi ...

, England. It sits next to the Thames Tower by the Reading Rail Station.

Redevelopment

In 2012, the Station Hill project passed to a joint venture between Benson Elliot and Stanhope from

John Madejski Sir John Robert Madejski, (; born Robert John Hurst; 28 April 1941) is an English businessman, with commercial interests spanning property, broadcast media, hotels, restaurants, publishing and football. He changed his name when his stepfather, ...

, who bought the site in 2005. In February, they released a new £400m plan to be displayed to the public. After the exhibition at the

Town Hall In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administrative building of a city, town, or other municipality. It usually house ...

, the developers said that the plans had received a positive response. As of June 2018, Station Hill became a joint venture between Lincoln Property Company and MGT Investment Management (known as Lincoln MGT). The BBC reported that the development was bought for close to £70 million from Sackville Developments. Lincoln MGT's proposals for Station Hill comprise up to 625,000 sq ft best-in-class office space, 1,300 private and affordable homes, 95,000 sq ft of new lifestyle-led retail and leisure space, including potential for a 200-bed hotel and later living accommodation, and a central two-acre piazza. The development is split into three phases, with construction for the first two phases underway as of 2022 and the third having received outline planning permission. Phase One is due for completion in the fourth quarter of 2023 and Phase Two in early-2024.

References

External links

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Capital Properties (UK) Ltd - asset management, placemaking and events
Buildings and structures in Reading, Berkshire Proposed skyscrapers in England {{Berkshire-struct-stub