Shanly Group, the South East England based independent property developer, is pleased to announce that it is seeking to appoint subcontractors for Phase I of its Chapel Arches development- a major regeneration of the waterfront Chapel Arches area in Maidenhead. Contractors will be needed for demolition, groundworks and piling which will all be commissioned in the first quarter of this year.
Phase 1, expected to commence early this year, will see redevelopment at the old cinema site on the corner of Bridge Avenue. A landmark six storeys building will be built for residential and commercial use. Phase 2 will see renovations to the elevations of Copthall House on St Ives Road, with a new development wrapping behind the attractive existing buildings of 3-9 High Street. It will include residential units and space for commercial use. All existing buildings and the shops in this part would be retained. Phase 3, the largest phase, will be the redevelopment of Crown Lane and The Colonnade with apartments, shops and restaurants being built around the old waterway that run through Maidenhead town centre.. The development is expected to complete in 2018.
In total, there will be more than 200 new apartments, shops, restaurants, cafés and offices, built around York Stream. The historic Bear public house will remain as would all the listed buildings in the area. The waterway is to be restored and opened up by Maidenhead Waterways Restoration Group and Shanly Group will restore the historic bridge over York Stream.
Tamra Booth, Operations Director of Shanly Group said:
“We can’t wait to start this major redevelopment of Maidenhead and are now seeking key partners to start delivering on Phase 1 of the project.
“We believe our proposals will complement and enhance the efforts being made to bring more footfall and trade to the town and returning the town to its glory days.”
Cllr M J Saunders, cabinet member for planning and property and lead member for Maidenhead, said:
“Chapel Arches offers a refreshing and exciting opportunity for this important part of the town centre, bringing together the various strands of mixed use into a cohesive regeneration project that will bring jobs, new homes, new shops and eateries – and, importantly, using the waterways scheme as an integral feature.”