The Bracknell Regeneration Partnership (BRP) and joint partners Legal & General Capital and Schroder UK Property Fund, along with Bracknell Forest Council, have announced that Mace will take the role of main contractor for the £200 million redevelopment of Bracknell Town Centre.
Construction workers will begin the earthworks this month with the foundation work for the retail, leisure and residential development commencing in late spring and the steel work following in June.
A ground-breaking ceremony took place on 27 February to celebrate the start of development. Several speakers were at the event, including James Lass, Fund Manager of Schroder UK Property Fund, Gareth Lewis, Chief Operating Officer for construction at Mace and Paul Stanworth, Managing Director of Legal & General Capital.
Mr Stanworth, said: “This is an exciting day for Bracknell Town Centre, with vision finally becoming reality.
“Not only is it a major Coup for BRP to have an ‘A’ list contractor, Mace, lined up to lead the construction project, starting on site shortly, but we continue to announce popular international retailers that will take prominent positions within the vibrant scheme”.
Mr Lewis, said: “I am delighted that Mace has been appointed main contractor for this significant regeneration scheme for Bracknell.
“The regeneration project will have a positive impact on Bracknell and local community and we can’t wait to get started”.
Mr Lass, also commented saying: “Mace is extremely experienced in the delivery of major, complex commercial real estate and infrastructure projects, including Heathrow Terminal Two and the redevelopment of New Street station alongside the transformation of The Pallsades shopping centre into the John Lewis- anchored Grand Central Birmingham”.
The scheme is expected to be completed in spring 2017.
