|Location||Newbury, Berkshire, UK|
|Opening date||27 October 2011|
|Developer||Standard Life Investments & Shearer Property Group|
|Owner||Standard Life Investments|
|No. of stores and services||More than 50 shops and kiosks, and 184 apartments|
|No. of anchor tenants||2 (Debenhams,
Marks and Spencer)
|Total retail floor area||475,000 sq ft (44,000 m2)|
|No. of floors||2|
Parkway Newbury is a retail and residential development in Newbury, Berkshire, opened on 27 October 2011. It will have 475,000 sq ft (44,000 m2) of retail and restaurant accommodation anchored by Debenhams and Marks & Spencer, 578 shopper car parking spaces, 113 residents parking spaces. The mixed-use scheme also consists of 147 luxury residential apartments and 37 affordable housing units being built above the shopping centre.
The planning of the 5.7acre site began in 2004. The development began in March 2009 with the site being cleared of buildings.
Before construction began, West Berkshire Council had to take several steps to compulsory purchase land for the development.
In order for the centre to be joined to the existing streets 35 and 36 Northbrook Street had to be knocked through.
According to its website:
|“||Parkway will meet the needs of an enlarged shopper population by creating a fresh and contemporary retail offer. Parkway will create a high quality setting for contemporary fashion and cosmopolitan eating. Its architecture is modern and striking but it is also a sympathetic response to the surrounding architectural heritage to which it will belong. Ambitious retailers who wish to expand will have limited options as very few retail developments are currently due to open in that year. Parkway will satisfy currently unmet demand for modern retail accommodation in a pedestrianised environment.||”|
The shopping centre is anchored by a 77,508 sq ft Debenhams department store, which is three times the size of the previous store in the town. It is also anchored by an extended Marks & Spencer department store. The shopping centre houses approximately 50 stores, cafes and restaurants.
Parkway Living is a development of 147 one, two and three bedroom apartments & penthouses. Options of park views, private terraces and Balconies. Each apartment & penthouse comes with designated parking in the underground car park.
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