No.1 Reading: £30m iconic development proposed for Reading town centre
Plans have been unveiled for a £30million transformation of a vacant town centre site in Reading into an iconic mixed-use development.
Acting on behalf of Station Road Dev Co Ltd (controlled by global hotel investors Frank Truman in partnership with Breithorn Developments and Legacy Hotels & Resorts), Turley has submitted a planning application for ‘No.1 Reading’ which will see the redevelopment of a former Norwich Union building on Station Road, Reading, into a hotel, restaurant, bar and offices within an elegant 22 storey tower.
The plans will see a long-vacant site brought back into productive use, supporting hundreds of jobs and attracting millions of pounds to Reading’s economy each year. As a high quality and well-designed iconic building at this key gateway site between Reading station and the town centre, No.1 Reading will also make a very positive contribution to Reading’s streetscape.
Michael Tomkins, Station Road Dev Co Ltd Development Director, said:
“The redevelopment of 29-35 Station Road provides an excellent opportunity to deliver a building of the highest quality opposite the entrance to Reading railway station which will complement both Thames Tower and the neighbouring Station Hill development. We are hugely excited about this significant opportunity and are committed to investing in Reading for the long term.”
“We have brought together a world class design and development team to ensure we achieve a positive and long-lasting legacy for this site, and we are looking forward to continuing to work with Reading Borough Council to help deliver their vision for this much neglected area of the town. Once built, it is our intention to retain and manage the building ourselves and remain a long-term investor in Reading.”
Station Road Dev Co Ltd appointed award-winning, Reading based architects Broadway Malyan to design this landmark development. We provided planning and stakeholder engagement services.
The No.1 Reading proposals include a 135-room hotel, restaurant, bar and five floors of office space. There would also be a retail unit on the ground floor of Station Road for a café, coffee shop or shop. Further details can be seen at the projects dedicated website, and the full planning application will be available shortly on Reading Borough Council’s website.
17 December 2018