Demolition work is now coming to an end at Parkway, Standard Life Investments’ new 475,000-sq ft town centre redevelopment in Newbury, as contractors Costain press ahead to prepare the site for start of construction.
The next stage of development is the start of key preparation work needed for the scheme’s 779-space car park, which will comprise two underground levels built across the majority of the footprint of the development – 263,000 sq ft in total.
Approximately 2.5m cubic feet of earth, chalk and gravel are to be removed from the footprint of the site. The end result will be a scheme that delivers spacious, modern units, in a town that offers an affluent demographic within a large catchment area.
The new offer will include a 77,508-sq ft Debenhams department store, three large stores of up to 25,000 sq ft, and more than 50 shops and kiosks.
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