Business News

900 homes planned for Reading retail park

Published by
Stephen Emerson

Plans to transform a Reading Town centre retail park into a residential development have been revealed.


Edinburgh-based asset management firm abrbn, who own the park, have launched a pre-planning application consultation scheme to garner residents and stakeholder views on their proposal.

Should their application proceed, it would see the site transformed from current Forbury Retail Park into a mixed use development containing 900 homes.

The Kings Meadow View scheme, would involve demolishing retail blocks and constructing residential towers in their place.

Initial designs show the new homes being contained within 11 residential blocks and 2,500sqm of retail and commercial space.

An abrdn spokesperson said: “We’re excited to unveil our plans for this significant regeneration scheme, which seeks to make more of this sustainable, central site by creating a new community that puts green public spaces first.

“Half of the site will be set aside for landscaped green spaces, significantly increasing biodiversity.

“It’s an exciting proposal that seeks to show our ethos of responsible development, delivering a thoughtful, well designed and attractive scheme which reflects its surroundings.

“We look forward to hearing what residents have to say about the proposals.”



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.

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