Berkeley Group unveils plans for Lakeside Development in Reading

2nd December 2015

St Edward, Berkeley Group Unveils Plans For Lakeside Development

Award winning developer, The Berkeley Group, has revealed plans for the large former farm and quarry site acquired close to the Madejski Stadium and the Green Park business park in Reading.

Berkeley has been granted planning permission to build a high quality, mixed used development that will bring 657 new homes to the area. This collection of superbly appointed homes will include a range of properties from 1 bedroom apartments to 5 bedroom detached houses as well as some new, innovative 'urban' style houses. Properties will benefit from a stunning lakeside setting - a unique proposition to the area.

Being developed under the award winning St Edward brand, construction works have already commenced on the site, which will take the name Green Park Village, due to launch in Spring 2016.

The development will span across 60 acres of land, of which nearly 20% will be taken up by a substantial feature lake. St Edward will create a high quality, design-led and sustainable lakeside community with excellent public transport and local facilities including a brand new primary school and a village centre.

Green Park Village is one of several regeneration projects in the surrounding area, which is set to undergo a dramatic transformation in the next few years. A new £8 million railway station is proposed to go under construction in 2017, which, when delivered, will benefit both Green Park Village residents and employees of Green Park Business Park alike.

Green Park Village will be the first St Edward stronghold in Berkshire, and will become the first and only major residential development in the area to benefit from a desirable lakeside location. Its size and scale will help us to address the shortfall of new homes available in such a key business district.

The site is extremely well-located. With so much regeneration taking place in the area and the impending Crossrail line due to open in 2019 we anticipate that the new homes will attract a wide range of buyers, including first time buyers, families and professionals who work in the capital. It will also appeal to local Business Park workers - living on the doorstep will enable them to walk to work every day.

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