Reading Borough Council has given the green light to a major redevelopment of Broad Street Mall. The scheme is being delivered through a partnership between McLaren Living, a national specialist in build-to-rent developments, and AEW, one of the world’s leading real estate investment and asset management firms.
Building on a previous planning consent, the updated plans will create a significantly enhanced mixed-use neighbourhood on the southern part of the 4.6-acre site. The redevelopment includes 643 tenure-blind build-to-rent homes—offering both market and affordable options, approximately 19,000 sq ft of commercial space focused on retail and leisure, and an improved public realm featuring public art and landscape enhancements. The plans also incorporate an extension to the existing NHS Walk-In Centre.
The scheme will consist of four residential buildings located to the south of Broad Street Mall, positioned along Dusseldorf Way between the Hexagon and the Minster. This aligns with the wider Minster Quarter masterplan, which is also being brought forward by McLaren Living in partnership with the Council.
Environmental sustainability is a key focus of the project. The buildings will use air-source heat pumps and solar photovoltaics to reduce carbon emissions, with each apartment designed to achieve at least an EPC rating of B. Non-residential areas will meet BREEAM Excellent standards for environmental performance.
Designed by AHR Architects, the updated masterplan followed extensive engagement with stakeholders both before and after submission. The redevelopment aims to create a landmark destination that celebrates the 20th-century heritage of the area while reinforcing its cultural and artistic identity. It also supports Reading’s 2050 vision, serving as a model for placemaking that is smart, sustainable and inclusive.
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