Guildford centre redevelopment deal agreed

Published by

Stephen Emerson

Guildford Council have secured the services of developer, St Edward, to undertake long awaited work on North Street.

The Friary Quarter will be a mix of residential properties, retail, leisure and urban public realm space.

It is understood the plans contain provision for 500 sustainable new homes.

The agreement between partners, The Berkeley Group, and M&G Real Estate – known as St Edward, and Guildford Borough Council, secures the redevelopment of vacant brownfield lands in order to revitalise the town centre.

St Edward were responsible for Reading's Greenpark Village and Bankside Gardens.

The developers plan on pedestrianizing North Street, rerouting bus routes with the construction of a bus interchange and improve the area for market traders by reducing traffic and promoting a wider public realm space.

The proposals will be put to the general public via a consultation scheme later this year, with a planning application to be submitted in summer and work to commence in summer 2023.

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Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.