Surrey Heath Borough Council has announced that,
Camberley Town Centre is currently undergoing an exciting regeneration programme led by Surrey Heath Borough Council (SHBC).
A significant stage of regenerating Camberley is investing in and improving the area along London Road (A30) between the High Street and Park Street and opposite the historic Royal Military Academy Sandhurst.
SHBC is now in the process of appointing an experienced regeneration developer with the resources and vision to deliver a comprehensive and transformational development of the 2.0 ha (5.5 acres) site.
We are very pleased to announce today (9 July 2018) that we have shortlisted four companies who will be put through to the next stage of selection. These are; Countryside, Keir Group, Hub Group, and Berkeley Group.
Karen Whelan, CEO, SHBC said: “SHBC are delighted with the outstanding response to the first stage of tendering for our flagship development in Camberley, which is testament to the drive and determination of Officers and Members to deliver high quality partners.
Our vision for Camberley is dynamic and innovative and our shortlisted developers can bring the same qualities to the project. We look forward to hearing more about their vision for the site, with our final decision being made around Christmas 2018.”
Cllr Moira Gibson, Leader, SHBC said: “Developing this area has been a key long-term objective for the Council. The site occupies a substantial part of the town centre and the development, once complete, will totally transform and regenerate this area. It is a great result for the council to have secured four impressive developers to take forward to the next stage of procurement.”
It is envisaged that the new development on London Road will include a combination of housing, retail and car parking. Bidders are also being asked to include new office space within their bid which could unlock other sites in the town centre for redevelopment.
To date SHBC has invested £140 million into Camberley; which includes the acquisition and subsequent refurbishment of The Square shopping centre, acquisition of Ashwood House a former office building which is currently being redeveloped into 116 high quality residential apartments. Substantial projects to improve the town centre car parks, Princess Way and the High Street are also in the pipeline. Find out more here.