THE multi-million pound regeneration of Maidenhead Town Centre has come a step closer reality after the Royal Borough announced the name of the developers who will help it deliver the scheme.
Award winning housing developers Countryside will partner the authority on the redevelopment of council owned sites at York Road, West Street, Reform Road and St Cloud Way.
It is a 6.3 hectare site with the potential to deliver around 1,200 homes alongside new shops, restaurants, offices and a new cultural quarter in the heart of the town.
The redevelopment of the four sites is expected to generate significant income for the council as the Crossrail railway line prepares to transform life for Maidenhead's residents and businesses.
Countryside was selected from a shortlist of five bidders and construction could now start as early as 2018.
Cllr Simon Dudley, leader of the council, said: “Countryside made an impressive bid and we are looking forward to working with them to rejuvenate the town.
“The council will retain considerable control over how the sites are developed and is committed to providing high quality homes, including genuinely affordable options for local residents.”
Richard Cherry, Chief Executive of Partnerships at Countryside said: “We will integrate existing residents with new neighbours and create an attractive cultural quarter where people can relax.
“Maidenhead will become the distinctive heart of the community welcoming, attractive and accessible to all, providing a strong economic focus for the wider community. Principally, we will create homes for people and a place for everyone.”
As well as new homes, the redevelopment of the four sites will deliver new office accommodation.
Maidenhead is attracting a range of new commercial occupiers, including shipping company Maersk Line, Blackberry and Rank Leisure.
Consultation will take place on detailed plans for each of the four sites before any planning applications are submitted.
The other four developers shortlisted - beaten to the draw by Countryside - were: Berkeley Homes (Oxford and Chiltern) Limited, Grainger Plc, Pinnacle Group (consortium with Groveworld Ltd. & Starwood Capital Group) and Shanly Homes Limited.
The final decision was made on March 30.