Reading is a key development site in the South East of England due to its connectivity to London and Heathrow Airport, talent pool and diverse business sectors. Investors and developers have created an office stock that attracts global businesses to the business parks and town centre and the demand continues to grow. In recent years, distribution centres and major residential investent have followed the office market with multiple major investment projects in south Reading and Reading town centre, attracted by transport investment and the Elzabeth Line in particular.
NEW - Minster Quarter Central - Council seeks development partner
Offices
Reading has had huge investment in Grade A office stock in the last five years with new buildings at Green Park, Winnersh Triangle, Forbury Place and Thames Tower and among the many major office developments created.
Station Hill, a huge development linking the station area to the town centre is currently constructing 625,000 sq ft of best-in class office space in the heart of Reading. One Station Hill will be the first office building at Station Hill, offering 276,470 sq ft of excellent workspace.
Residential
5000 new homes are underway in the town centre ringing the new railway station. Berkeley Homes have two developments which will create over 1000 new homes while abrdn are consulting on a major development, Kings Meadow View.
There are also major schemes under development south of the M4 and in South Reading at Green Park Village, with plans to create a new garden village south of the M4 in neighbouring Wokingham Borough.
Logistics / distribution
A new distribution centre at Brunel Retail Park and Reading International Logistics Park (M4 Junction 11) are impending new developments, joining other new developments at Island Road Logistics Park, which is fully occupied and the Tesco distribution centre.
Station Hill Proposed Development
