Station Hill, Reading

Station Hill is a road and proposed redevelopment project in Reading, Berkshire, England. It sits next to the Thames Tower by the Reading Rail Station.

Station Hill
Artist's impression of Station Hill
Location within Reading Town Centre
General information
TypeResidential, Office, and Leisure
LocationStation Hill, Reading, England
Coordinates51°27′29.78″N 0°58′27.27″W
Completed2014 (first phase) [1]
Cost£500 million[2]
Design and construction
ArchitectScott Brownrigg and Chapman Taylor [1]
Website
www.stationhillreading.co.uk

Redevelopment

In 2012, the Station Hill project passed to a joint venture between Benson Elliot and Stanhope PLC from John Madejski, who bought the site in 2005. In February, they released a new £400m plan to be displayed to the public.[3] After the exhibition at the Town Hall, the developers said that the plans had received a positive response. A planning application could be submitted in the summer of 2012.[4]

As of June 2018, Station Hill became a joint venture between Lincoln Property Company and MGT Investment Management.[5] The BBC reported that the development was bought for close to £70 million from Sackville Developments.[6]

The site has agreed planning for 6.5 acres (2.6 ha) of both residential and office use space.[5] The first phase of the collaboration holds planning permission for 538 new private and affordable rental sector homes.[5]

Buildings

The project plans propose five highrise buildings:

  • Building 1 at 71 metres [7]
  • Building 2 at 71 metres [8]
  • Building 3 at 75 metres [9]
  • Building 4 at 88 metres [10]
  • Building 5 at 118 metres [11]

References

  1. Official Station Hill website
  2. "Benson, Stanhope take major stake in Reading site". Reuters. 11 January 2011. Retrieved 19 April 2011.
  3. "Reading's Station Hill regeneration plans on show". BBC News. 18 February 2012.
  4. "Reading's Station Hill plans generate 'positive' response". BBC News. 2 March 2012.
  5. "Station Hill, Reading - MGT Investment Management". MGT Investment Management. Retrieved 18 July 2019.
  6. "Station Hill: £500m Reading development gets new owners". BBC. 11 June 2018. Retrieved 18 July 2019.
  7. Skyscraper News, Station hill building 1
  8. Skyscraper News, Station hill building 2
  9. Skyscraper News, Station hill building 3
  10. Skyscraper News, Station hill building 4
  11. Skyscraper News, Station hill building 5


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