04 Dec Spotlight on Wokingham Town centre: regeneration update
Generating a future for Wokingham Town Centre.
Shoppers have been able to stroll in front of the new Peach Street shop frontages as part of the plan for Wokingham Town Centre regneration. The opening came in time for the ever-popular Wokingham Winter Carnival (Sunday November 25), the Small Business Saturday festivities (Saturday December 1) and ahead of the opening of Waterstones bookshop and GAIL’s Artisan Bakers in early December.
Wokingham is a classic English market town, and no stranger to awards and accolades for its schools and transport connections, along with its low crime rates it has frequently topped lists for family-friendly locations.
Authors of the Sunday Times best places to live in Britain survey stated; Wokingham “Ticks just about every middle-class box” and there is “plenty of greenery with pine forests and country parks nearby”.
With access to surrounding M4 towns, along with existing South West and First Great Western train services to London, soon to be augmented by Crossrail, has helped establish an affluent population. with a collective demand for new shops and an appetite for restaurants, to sit alongside some strong well performing brands already in the town.
Hannah Taylor Brewin from Page Hardy Harris Bracknell says the regeneration will boost Wokingham’s business profile.
“The town is currently benefiting from around £138 million of investment across 4 key redevelopment areas which will provide new retail space, a cinema, hotel and residential. The continuing improvement of the town will support the upward trend of office rents in Wokingham and a steady increase is expected over the coming years.”
Cllr Philip Mirfin, executive member for Wokingham Regeneration, said:
“Work along Peach Street is nearing completion and we are reopening the road and footpath ready for Christmas visitors to Wokingham. There are a few minor works to be done around the shop fronts but these shouldn’t impact on pedestrians and we felt it was the right time to reopen the site. Elsewhere within Peach Place works will continue into early next year when the new units around the pedestrianised square and on Rose Street will start to open.”
It had been hoped that more businesses were in in time to open for Christmas however there are national and local businesses lined up to take units around the new square, and next to Cook on Rose Street. Wokingham Regeneration will be releasing some more information and dates as soon as details are finalised.