Eagle Quarter could have an incubator hub

NEWBURY’S Kennet Shopping centre could become an incubator hub for hightech and start-up businesses under new plans submitted last month.

Lochailort Newbury Ltd has submitted two virtually identical planning applications to West Berkshire Council for a comprehensive redevelopment of the mall.

The plans will see the outdated centre transformed into a mixed-use high-quality, sustainable development featuring 402 new multifamily build-to-rent apartments and private sale homes.

The scheme will also deliver 30 flexible shops, restaurants and co-working spaces, with a focus on attracting local, independent and artisan businesses.

The difference between the applications is that the first features plans for a an incubator hub that will provide flexible space for high-tech and start-up businesses, as well as a HQ office building.

The second application includes proposals for a senior living development of 91 apartments, complete with residents’ amenities on the ground floor.

In acknowledgement of Newbury’s industrial history, the development will be named Eagle Quarter, after Plenty’s Eagle Iron Works, which was previously on the site.