Kennet Shopping Centre Plans In Newbury Rejected By Council

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A £158 million project to transform an ageing shopping centre site into a residential and retail development with more than 400 flats has been rejected by a council.

Developer Lochailort had said its plans for the Kennet shopping centre in Newbury, Berkshire would have created jobs and brought millions of pounds to the local economy.

Councillors on West Berkshire Borough's Council's planning committee rejected the proposals, citing a lack of parking, affordable homes and open space.

Lochailort said the decision flew in the face of the government's push to see more homes built on town centre brownfield sites and that it would appeal the decision.

The rejected plans for the 1970s-built shopping complex would have seen all 427 flats on the redeveloped site marketed as build to let properties, with a one bedroom flat going for £1,200 a month, a three bedroom apartment £2,000 a month.

Lochailort said previous build-to-let schemes it had created, including in Reading's Thames Quarter, had proved popular with renters.